Reverse Protocol Profile (RVRS)
Project Safety Score
Sat, Jan 22, 2022 3:15 AM
The Reverse Protocol is a unique, OHM-Esque yield generating and treasury strategies protocol built on the Harmony Blockchain, using the Defi Kingdoms DEX liquidity pools. Reverse introduces game-theory-inspired products which aim to ensure the long-term sustainability of the protocol, namely: bonding pools, decentralized treasury management, composable and double-layered single-staking through sRVRS (a derivative of Reverse’s native token RVRS), and rebased APYs for liquidity providers. The protocol's treasury mints RVRS tokens on each block, the majority of which are distributed through bonding pools, single-asset auto-compounding staking, and liquidity incentives.
Read more in the whitepaper:
Reverse Protocol Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
Reverse Protocol Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
Reverse Protocol is unmonitored.
We are unable to provide a full report and score for this project due to its status.
But you should consider this project as HIGH RISK.
Projects are unmonitored when were do not have enough data to track them.
Unlike delisted or inactive projects unmonitored projects never had enough data to start with.
These are often early projects that have not picked up traction yet.
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
Reverse Protocol Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.