The purpose of MasRelic, the project behind the Ethereum-based $RELIC, is to build a community of token holders that can earn passive income from high yielding opportunities in DeFi sector. Their strategy is a meticulous mixture of staking and building masternodes, adding to liquidity pools, and low - medium risk yield farming.
$RELIC will use buy backs in order to keep the price steady as well as a burn mechanism to keep the token more valuable. There is also a limitation as to the number of tokens individual wallets can hold, which can stop whales from inflating and deflating the price.
$RELIC holders will accumulate rewards which can be claimed any time. These rewards will be paid out in $ETH and are used to incentivize users to hold for the long term.
