REKT, a meme token built on Solana, has officially commenced its presale event. The project has successfully passed three SolidProof audits and one Coinsult audit, demonstrating the soundness of its staking and claim logic. The team is introducing a verified Loss Claim function, which enables traders to convert on-chain losses into $REKT tokens.
The Loss Claim Function
REKT was conceptualized by a trader who experienced significant losses. Instead of abandoning the pursuit, this individual developed a system designed to transform pain into purpose. $REKT aims to reward what many cryptocurrencies overlook: verified, on-chain losses.
The Loss Claim feature is the project's primary innovation. The core concept is to allow wallets to receive funds as partial compensation for verified trading losses in approved tokens.
Examining this process in more detail, each wallet is permitted to make one claim per month. However, the maximum claim amount is capped at 50,000 $REKT. The precise calculation of the claim amount will be influenced by a "portfolio multiplier." This multiplier can increase based on factors such as wallet age and staking activity, thereby rewarding loyal holders. The system incorporates strict anti-bot filters, cooldown periods, and spoof protection to ensure the authenticity of each claim.
The Rage Claim Feature
Tokens purchased during the presale are automatically staked and vest linearly over a six-month period.
The Rage Claim mechanism allows for early unlocks, which involve burning a portion of tokens based on the timing of the unlock:
- •20% can be unlocked in the first week.
- •15% can be unlocked between weeks two and three.
- •10% can be unlocked between weeks four and six.
- •5% can be unlocked after week six.
The amounts burned are then redistributed: 50% is allocated to staking, 25% goes to the treasury, and 25% is sent to the burn wallet.
Tokenomics
The total supply of $REKT is fixed at 1 billion tokens, meaning there will always be 1 billion $REKT in circulation. Fifty percent of this supply is allocated to the community presale, which is structured around clear milestones rather than insider rounds.
An additional 15% of the supply is reserved for liquidity to ensure DEX stability. Furthermore, 10% is designated for the staking pool, and twenty percent is allocated to the treasury for ongoing growth and development initiatives. The remaining five percent is set aside for community projects, contests, and collaborations.
A 1% tax is applied to every transaction. This tax is automatically divided: 50% contributes to staking rewards, 25% goes to the treasury, and 25% is directed to the burn wallet. Once 200 million $REKT tokens have been burned, the supply reduction process will cease, and the transaction tax will be split equally between staking and the treasury.
Roadmap
The development of REKT is guided by a clear three-phase plan. The initial stage focuses on the project's launch and foundational elements. Smart contracts will be deployed on Solana, and the staking dashboard will become operational. Additionally, SolidProof audits will be conducted to verify all systems.
The second phase is dedicated to activating REKT's core functionalities. This includes the implementation of the DEX tax system, the tracking of the leaderboard, and the release of Loss Claim v2. This upgrade will feature enhanced wallet multipliers and improved on-chain filters.
The third phase concentrates on scaling the project and fostering community growth. During this period, the team plans to launch NFT-based staking and pursue CEX outreach. The official roadmap also indicates further audit rounds to complete the development cycle. This milestone will signify REKT's complete transformation from a meme token to a broader movement.
About REKT
REKT is a meme token operating on the Solana blockchain, distinguished by its novel feature that rewards verified losses. With multiple audits, transparent vesting schedules, and verifiable claim logic, REKT aims to transform trading failures into blockchain history.
REKT's smart contracts have undergone three comprehensive SolidProof audits and one Coinsult audit, confirming both contract security and the integrity of its claim logic. The upcoming presale offers an opportunity for individuals to participate in this nascent project and its innovative features.
As a significant development, REKT recently participated in a live AMA event on Binance, where key updates and insights were shared with the community.