How Ruferium Works
Ruferium is a decentralized token ecosystem created on the Ethereum mainnet. It leverages a unique mining mechanism and a transparent distribution model to empower the community. The entire supply of Ruferium tokens is managed via a smart contract, ensuring trustless distribution and eliminating the need for centralized control.
The mining process begins when participants sign the mining contract. By doing so, they start accumulating tokens at a fixed rate of 0.0000001 RUFE per second. This predictable and fair model incentivizes participation without the influence of central authorities. Additionally, early adopters receive specific bonuses to encourage early engagement.
Ruferium also provides a swap mechanism that allows token holders to exchange RUFE for Ethereum (ETH) and vice versa. The swap contract ensures that the process is seamless, secure, and transparent, allowing users to actively participate in the ecosystem's financial model.
Revenue generated from mining and other projects is distributed to token holders annually. The revenue model includes a portion of the mining fees being transferred to a treasury, which supports ongoing development, project funding, and ecosystem expansion. The payment process is transparent, with all transaction details made available to the community.
Ruferium aims to foster a community-driven project where participants are empowered to make decisions through a decentralized governance model. Token holders have the power to vote on project developments, fund allocation, and other strategic decisions, making Ruferium an inclusive and collaborative platform.