XRP20 stands as the second coming of XRP, building upon the foundations of its predecessor while ushering in a new era of accessibility, inclusivity, utility, and simplicity. Built as an ERC20 token on the Ethereum blockchain, XRP20 is a more user focused and accessible token, featuring Stake To Earn utility and a burn mechanism making it deflationary.
XRP20 aims to democratize access to a token that has traditionally served institutional players. Anybody holding XRP20 can stake their tokens to earn passive income.
XRP20 is set up as a deflationary token with a buy and burn mechanism that sends 0.1% of every buy and sell to a burn address. 10% of the total supply is allocated to be burned.
XRP20 team firmly believes in the power of decentralization and that creating a new token for the XRP Army will strengthen the ecosystem and embolden the community’s resolve in the wake of its current challenges.