Rentible.io
  • πŸ‘‹Welcome to Rentible
  • πŸ€“For The Curious Minds
  • Technological Foundations
    • πŸ‘¨β€πŸ’ΌOverview
    • πŸ”—Building on Ethereum
    • πŸ’§Building on Sui
  • Real World Assets Tokenization
    • πŸ€”Problem & Opportunity
    • πŸ–₯️RWA Platform Overview
    • πŸ’°Fundraising Contract
    • πŸ’ΈDeposit & Rental Contract
    • πŸ€‘Yield Distributor Contract
    • πŸͺ™Become a Real Estate Tycoon By Staking RNB
    • βš™οΈTechnical Documentation
      • βš™οΈ[Documentation] Fundraising Smart Contract
      • βš™οΈ[Documentation] Deposit & Rental Smart Contract
      • βš™οΈ[Documentation] Yield Distributor Smart Contract
  • The Travel Portal
    • 🀩Opportunity
    • πŸ’»Product
    • πŸ€‘Tokenomics Impact
  • Tokenomics
    • πŸ“Token Specification
    • πŸŒ‰Multichain Bridge
    • βš™οΈToken Use Cases
  • Building the Future
    • πŸ—ΊοΈRoadmap
    • πŸ§‘β€πŸš€The RWA Collective
    • ℹ️Disclaimer
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  • Staking for the RWA Portal
  • Payment of Transaction Fees for Rental Smart Contracts
  • Enhanced Rewards at the Travel Portal
  1. Tokenomics

Token Use Cases

The RNB token was initially developed to function as the primary utility token for executing Rental Smart Contract transactions within the Rentible ecosystem. Over time, the utility and scope of the RNB token have expanded to cater to the evolving needs of the platform. Today, RNB offers several key utilities across different components of the ecosystem:

Staking for the RWA Portal

RNB token holders can (soon) participate in staking programs on the Real World Assets (RWA) Portal, enabling them to earn rewards from all transactions in the Rentible RWA ecosystem.

Payment of Transaction Fees for Rental Smart Contracts

RNB tokens are used to cover transaction fees (similar to "gas fees") for executing Rental Smart Contracts on the platform. This utility ensures seamless and cost-effective operations for users engaging in rental agreements, while also providing a consistent demand for the token within the ecosystem.

Enhanced Rewards at the Travel Portal

RNB token holders enjoy enhanced benefits when using the Travel Portal, including higher reward rates and exclusive discounts. This incentivizes the use of RNB within the ecosystem and creates a more engaging experience for users, aligning with Rentible’s vision of delivering value across its entire suite of services.

These use cases demonstrate the versatility of the RNB token in driving activity, engagement, and value within the Rentible ecosystem. As the platform continues to evolve, additional utilities and integrations will further strengthen the role of RNB, supporting long-term growth and adoption.

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Last updated 6 months ago

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