What is RiveMont (RVMT) Token?

Find a short description of RiveMont and its RVMT token. Get a guide on how to trade RVMT on Tokpie.

tokpie and RVMT token

Although Uniswap is still the most significant DEX protocol in liquidity, many new DeFi projects are coming. Why? Because even Uniswap has drawbacks and pain points. This article summarizes what the RiveMont (RVMT) token is and what Uniswap’s problem it solves.

What’s RiveMont and RVMT token?

The RiveMont is a new DEX protocol. Controversially to Uniswap, RiveMont provides liquidity providers with forever passive income.
For example, on Uniswap, a liquidity provider stops earning a fee’s share after withdrawing funds from a pool. A RiveMont’s liquidity provider, on the other hand, gets a fee share even after removing funds from a pool. The utility value of RVMT contains liquidity provisioning, governing the creation of new markets, fee and spread sizes, borrowing APRs, and more. Although the RVMT total supply unlimited, the part of the market-making fee used to buyback and burn RVMT.

How to buy RVMT token?

To purchase RiveMont (RVMT) tokens for USDT, ETH, or WBTC do three simple steps:

  1. Fund your account with USDT, ETH, or WBTC. Note that you can purchase ETH and USDT with a bank card in a few minutes.
  2. Open RVMT/USDT, RVMT/ETH, or RVMT/WBTC order book, and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw RVMT tokens to your personal Ethereum wallet or hold them on the account.

How to sell RVMT tokens?

To sell RiveMont (RVMT) tokens for USDT, ETH, or WBTC, follow three steps:

  1. Deposit RVMT tokens on your account.
  2. Open RVMT/USDT, RVMT/ETH, or RVMT/WBTC order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw USDT, ETH, or WBTC to your personal Ethereum wallet or hold them on the account.

How to deposit RVMT tokens?

To deposit RiveMont (RVMT) tokens on your Tokpie account follow this guide. Make sure that you are going to deposit RVMT tokens that relate to the smart contract address: 0x43ae53b8c920c6c69f4abf393fcb68a6dd4cbab4. If you deposit the wrong tokens, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw RVMT tokens?

To withdraw RiveMont (RVMT) tokens from your Tokpie account, use this instruction. You must have an eth compatible wallet address to be able to withdraw tokens. Also, check the token withdrawal commission.

Disclaimer

Please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance or successful fundraising.

Useful links

For any questions or cooperation, you can contact Tokpie at https://t.me/tokpie.