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🔥 THE RLE BUYBACK AUCTION HAS STARTED!
Earn up to 68% and contribute to the stability of the system!
Throughout 2025, the team has been issuing DFC tokens. As a result, by the end of the year, a surplus of DFC flatcoins has accumulated in the project's stabilization fund. The Dotflat system mechanics are designed to trigger a buyback auction followed by the burning of RLE governance tokens in such a case (we explained how this works in detail in this post: https://t.me/dotflat/37).
Therefore, we are proud to announce today that the buyback auction is officially open!
▫️The essence of the auction:
• 611.24 DFC (approx. $709 at the current DFC rate of $1.16) is up for auction.
• Participants bid by stating how many RLE tokens they are willing to sell for this amount.
• The highest bid wins (whoever offers the *most RLE* for these DFC).
• All RLE tokens received during the auction will be burned — reducing the circulating supply of RLE and thus increasing the value of the remaining tokens.
Why is this profitable? You have a chance to earn up to 68% by selling your RLE tokens.
The opening bid has already been placed at 80 RLE. The size of the next possible bid is 84 RLE.
💚 If this becomes the winning bid, then:
• The winner will receive $709 (in DFC) for 84 tokens.
• The effective sale price would be ~$8.44 per RLE.
• With a presale purchase price of $5, this represents a yield of ~68% in less than a year! 💰
▫️How to participate?
• You must have RLE tokens on the Ethereum network.
• Connect your wallet (e.g., MetaMask) to beta.app.dotflat.io.
• Go to the "Auctions" section and select "Rule buyout 611.24".
• Enter the amount of RLE for your bid (not less than the indicated "next bid") and approve the auction contract to access the tokens.
• Click "Make a bid" and confirm the transaction.
▫️Important rules:
• The minimum bid increment is 5% of the previous bid.
• The auction ends if there are no new bids for 15 minutes. The winner can then finalize it and claim the prize (DFC).
• If your bid is outbid, you can withdraw it to get your RLE back, or improve it ("Improve Bid").
• Each new or improved bid resets the timer by +15 minutes.
▫️This is a win-win situation:
• The auction winner — receives DFC with high yield.
• All RLE holders — benefit from the reduced token supply due to the token burn.
Don't miss your chance to increase your stake in the project and support Dotflat's deflationary economy!
#Dotflat #RLE #DFC #BuybackAuction
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