XRP20 is the second coming of XRP! Built as an ERC20 token on the Ethereum blockchain, XRP20 is a more user focused and accessible token, featuring Stake To Earn utility and a burn mechanism making it deflationary. XRP20 aims to democratize access to a token that has traditionally served institutional players. Anybody holding XRP20 can stake their tokens to earn passive income. XRP20 is set up as a deflationary token with a buy and burn mechanism that sends 0.1% of every buy and sell to a burn address. 10% of the total supply is allocated to be burned. XRP20 team firmly believes in the power of decentralization and that creating a new token for the XRP Army will strengthen the ecosystem and embolden the community’s resolve in the wake of its current challenges.
The first focus is to raise awareness about XRP20 and our mission to offer a second chance to new entrants in the evolving crypto market. We will host a fair and transparent presale event to establish a strong community.
Pre-Launch Marketing and Awareness
During the presale phase we will initiate marketing that highlights the accessibility and ease of acquiring XRP20, emphasizing its value proposition as a second chance to own and stake the token early for passive income.
Launch and Burn Activation
After a successful launch on DEX, one of our core initiatives is the implementation of a token burning mechanism. This feature will automatically reduce the token supply with each transaction, increasing scarcity.
Post-Launch Community Staking
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Our goal is to create a thriving community that actively engages with XRP20, driving its growth. Staking becomes a focus area after launch as we aim to foster vested interest and reward the community for locking up supply.
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