Automatic revenue distribution model integrated with @base
DUBAI, United Arab Emirates, April 1, 2024 (Globe Newswire) — In the rapidly evolving blockchain and decentralized technology landscape, new player Reflect launches breakthrough EVM Layer 2 protocol It is attracting attention as a. This innovative platform stands out by offering an integrated system that promises users automated payments in mainnet-based Ethereum (ETH), setting a new standard in the realm of reflective protocols across different chains. .
First reflective protocol innovation
Reflect has emerged as a pioneer in the blockchain space, rewarding users who hold a minimum amount of eligible tokens (0.005% of the total supply) with automated ETH payments approximately every 30 minutes. mechanism is introduced. This new approach is in sharp contrast to existing protocols, which typically distribute tokens rather than Ethereum. Existing protocols often require manual billing or require longer distribution intervals, increasing user engagement and investment attractiveness.
How does Reflect work?
Reflect runs on the Base EVM Layer 2 framework, which is designed to solve major Ethereum network challenges such as high gas fees and slow transaction speeds. By leveraging Layer 2 solutions, Reflect is able to offer faster transactions and lower fees, making it an attractive platform for both developers and users.
At the heart of Reflect's innovative system is its reflection mechanism. A user who holds the minimum required amount of tokens in their wallet will automatically be eligible for her ETH payout, and ETH will be distributed directly to her wallet every 30 minutes. This process is made possible through a sophisticated smart contract system that tracks token ownership and calculates payments in real-time, ensuring fairness and transparency.
Advantages and benefits
Reflect's automated delivery system has several advantages over the traditional Reflect protocol.
1. Frequent payments: Payments occur approximately every 30 minutes, allowing users to see the direct benefits of holding tokens in near real-time, increasing their incentive to maintain or increase their holdings.
2. Lower transaction costs: By leveraging a layer 2 solution, Reflect minimizes gas fees associated with transactions, allowing users to keep a larger portion of their revenue.
3. Simple user experience: Automatic payment mechanisms eliminate the need for users to manually claim rewards, providing a seamless and user-friendly experience.
4. Enhanced security: Reflect's smart contract architecture is designed with security in mind, giving users peace of mind about their investment.
The future of reflect
Reflect is not only a pioneer in reflective protocols; It is a testament to the innovative potential of blockchain technology. As the platform continues to grow and evolve, we aim to introduce additional features that will further improve the user experience and investment opportunities.
Reflect represents a significant step forward in the development of the EVM Layer 2 protocol and provides users with an advantageous and efficient means of earning ETH payments. Its unique approach to automated rewards sets a new benchmark for Reflective Protocol and promises a future where blockchain technology continues to deliver novel solutions to the challenges of today's digital economy.
In a world of constant blockchain innovation, Reflect stands out as a pioneer of advancement, inviting users and developers alike to explore the benefits of a cutting-edge platform. As Reflect continues to pave the way for future advancements, it remains a protocol to watch in the ever-expanding world of decentralized technology.
For more information.
Website: https://reflectonblast.io/
TwitterX: https://twitter.com/reflectonbase
Telegram: https://t.me/ReflectOnBase
Disclaimer: The information provided in this press release is not intended as a solicitation to invest, and is not intended as investment advice, financial advice or trading advice. Before investing in or trading in securities or virtual currencies, we strongly recommend that you exercise due diligence, including consulting with a professional financial advisor.
CONTACT: Salah Hashim info-at-reflectonbase.io
