Osmosis: Rebus Announces Public Coin Distribution
RebusChain, a network that aims to popularize DeFi, will announce its own public coin distribution (PCD) in the latter part of this summer. With the PCD, users who support its objective can now purchase coins via the Osmosis network's liquidity bootstrap pool (LBP). As a result of the successful announcements of numerous financial and platform agreements, this is an important turning point for the Rebus project.
The founding members of Rebus have special backgrounds in entrepreneurship, cyber security, conventional banking, and the burgeoning DeFi industry. Pier Stabilini, the CTO, and Nicola Onassis, the COO, both have expertise working collaboratively and launching new enterprises. The three recognized an immediate chance to start something significant when they met Paolo Baroni, Financial Product Lead, and Rebus was created as a result.
The DeFi space is highly complex and still expanding, as is typical of emerging technology sectors. What is undeniably evident, though, is that everyone should have access to blockchain-based transaction tools because they are the most reliable kind of transactional technology ever created. It was obvious that more people wanted access to DeFi than were actually using it, and that complexity was the issue. How can I get into DeFi and what can I do with it? are two challenging questions that Rebus was created to better address. Rebus is creating a significant development path for the entire DeFi industry by removing the complexity and allowing for more utility.
Rebus ($REBUS) is a utility coin on the RebusChain platform that complies with rules and enables quick, safe, and inexpensive transactions. All of this is made feasible by the regulatory vehicle $REBUS, which also includes the Rebus Investment Platform. The group keeps expanding and forging a solid community with the aim of enhancing the world of business transactions.
RebusChain is a platform that offers straightforward and practical DeFi (Decentralized Finance) investment opportunities to conventional investors. The adoption of cryptocurrency investment will be made possible by creating a platform that enables TradFi houses like Asset Managers, Financial Planners, and others to carry DeFi products. This will open up the market to both institutional and individual investors. This implies that as offers are made to Rebus Financial Partnerships' traditional clientele (whose assets total $5 billion and are growing), the demand for existing crypto assets will rise. It also means that existing crypto investors will have new opportunities to use their assets to generate income through Rebus Platform Partners.
The public trading of $REBUS, which will be accessible on a few controlled and decentralized sites, will begin with a Public Coin Distribution. The $REBUS airdrop, which will take place on September 12th, 2022, will serve as the inaugural event for the RebusChain platform.
On the Osmosis platform, a kind of automated market-maker (AMM) created especially for token launches and sales, the coin will also be accessible via LBP. Tokens are distributed via an LBP in order to get at the initial price discovery of $REBUS.
On the RebusChain platform, $REBUS's function is to control transactions. The quantity of transactions that occur on RebusChain will determine the token's worth. As a result of the increase of utilities and a reduction in complexity, crypto is moving into a phase of hyper-adoption, making $REBUS an appealing prospect. In essence, it protects any investments made in the Cosmos ecosystem by supporting them.
Blockchain technology will also be used by $REBUS to meet regulatory standards without sacrificing liquidity. On the RebusChain platform, the $REBUS token will primarily serve three purposes:
- paying for all services, fees, and transactions that take place within the RebusChain ecosystem
- Network security using proof-of-stake
- On-chain governance for the RebusChain Community fund pool and the Ethical fund pool is provided.
Visit our website for more details about the project, its creators, collaborators, and upcoming financial products (Q1 CY23').
RebusChain thinks it is their responsibility to make decentralized investment options accessible and clear to traditional investors. The project's goal is to put in place a variety of financial solutions that are tailored to the requirements of its users and clients. g Telegram, Discord, Twitter, and other social media sites are all used by RebusChain. Alternatively, you can go to the project's official website.