Timeline
Learn about all the major RLB events since launch
Last updated
Learn about all the major RLB events since launch
Last updated
The initial RLB airdrop featured many bonus mechanisms for existing and new Rollbit users.
These reward mechanisms included:
Retroactive airdrop of 1,000 RLB for every user that deposited crypto to Rollbit.
Retroactive airdrop of 100 RLB for every user that deposited a NFT to Rollbit.
100 RLB for every new crypto deposit to Rollbit.
100 RLB for every new NFT deposit to Rollbit.
1 RLB bonus for every $1 wagered on (with Rollbot linked).
0.1 RLB bonus for every $1 wagered on (with no Rollbot linked).
The above bonuses are no longer active.
Date: November 10th, 2021 ⏰
The is launched, allowing RLB holders to stake RLB for a chance to win a share of Rollbit's casino profits.
The second RLB airdrop consisted of rewarding Rollbit's casino users with RLB for claiming rewards such as Rollback, Rakeback and Cashback (no longer active). This update also put an end to the RLB bonuses associated with wagering on .
The reward mechanisms in this update included:
$1 claimed in Rakeback earned 1 RLB
$1 claimed in Cashback earned 2 RLB
$1 claimed in Level Up earned 5 RLB
Date: November 25th, 2021 ⏰
Users are able to deposit and withdraw RLB to/from external SOL addresses.
Shortly after, the first decentralised exchanges listed RLB but volume was very low due to small interest surrounding RLB.
Date: November 27th, 2021 ⏰
The first RLB Lottery round concluded with $23,730 in prizes paid out to lucky winners.
The $395,000 Jackpot was not hit, so rolled over to the next round.
The combined prize pool for the first RLB Lottery was over $400,000!
Date: November 27th, 2021 ⏰
The largest RLB airdrop yet, staked Rollbot holders are rewarded RLB depending on the eye trait of their Rollbot. This airdrop started on December 1st and ended December 31st.
A total of 3,856,750,000 RLB was distributed to Rollbot holders over the course of December 2021.
Date: December 1st, 2021 ⏰
The RLB Lottery Jackpot exceeded $500,000 for the first time.
The Jackpot being so high after the RLB Lottery only just launched was a testament for our early revenue numbers and how much we wanted to reward our holders.
Date: December 1st, 2021 ⏰
A couple changes to the structure of the RLB Lottery was released, making the prize distributions more proportionate.
Accumulated casino profits were now split 70% into the periodic prize pool and 30% into the Jackpot prize pool
All periodic prize pool winners received incremental prizes. Each round, the 100 lucky winners would receive a differing prize depending on their position.
Date: December 7th, 2021 ⏰
Rollbit launched the NFT VIP Pass initiative to raise awareness for the platform by airdropping passes to notable ETH addresses within the crypto space.
Eligible NFT passes included RLB bonuses up to 750,000 RLB!
The passes were sunset March 15th, 2023. Here's the final statistics:
Claimed passes: 333/1,066
RLB credited: 64,150,000
Bonus Balance credited: $641,500
Date: December 24th, 2021 ⏰
When the RLB was the deflationary catalyst for RLB, 0.2% of staked RLB was taken as a fee. With half being burned and the other half being distributed to staked Rollbot holders. From this day, staked Rollbot holders were able to start claiming the RLB!
Date: December 24th, 2021 ⏰
Santa visited the Rollbot HQ and forced Lucky & Razer to airdrop all Rollbit users who made a deposit in the previous 3 months.
More than $700,000 and 70,000,000 RLB was airdropped to users! 🎅
Date: December 25th, 2021 ⏰
An additional Twist was added to the RLB Lottery that allowed participants to multiply their RLB wagers based on their Rollbit account meeting specific criteria.
The multiplier categories included:
Rank: The higher the users' rank on Rollbit, the higher they could multiply their RLB wager.
Wager: The user can multiply their RLB wager based on how much they've wagered since last using the wager multiplier.
This update significantly increased the amount of RLB staked each round, and thus increased the RLB being burned each round!
Date: December 29th, 2021 ⏰
The ability to syndicate RLB Lottery entries was added, allowing Rollbit users to pool their wagered RLB together to have a greater chance of winning the RLB Lottery!
RLB Lottery teams can be created by Diamond 1 ranked players or higher and Rollbit users with a Special Rollbot linked to their profile.
Team winnings are split proportionally amongst the team, depending on how much RLB was staked by each member. A single team can win unlimited prizes, from the periodic and Jackpot prize pools.
Team leaders receive 100% of their proportional winnings as a cash balance & 5% of the entire team's winnings as a Bonus Balance
Team participants receive 110% of their proportional winnings as a Bonus Balance.
Date: January 5th, 2022 ⏰
The RLB Lottery Jackpot surpassed a whopping $1,000,000 for the first time.
The Jackpot could be triggered within any lottery round, but the chances of the entire Jackpot prize pool being won is very small.
Date: January 5th, 2022 ⏰
The first RLB burn on Solana occurred on January 26th, 2022.
210,387,311.83 RLB was sent to the incinerator 🔥
Date: January 26th, 2022 ⏰
The initial airdrops were as small as 77.7 RLB, worth pennies at the time.
Date: February 2nd, 2022 ⏰
This addition was a nice way to increase circulation and exposure for RLB, adding thousands of new holders.
Date: February 21st, 2022 ⏰
The auction was a success, with a final selling price of 96 WETH.
Date: March 16th, 2022 ⏰
This was a great milestone to improve the visibility and discoverability of RLB 👀
Date: March 24th, 2022 ⏰
Rollbit's second NFT collection, Sports Rollbots were initially minted as unrevealed.
During March 2022, functionality was added to allow Sports Rollbots holders to reveal their NFTs in a fun way on-site. For every Sports Rollbot revealed, RLB was credited to the holders Rollbit account.
The amount of RLB credited depended on the Sports Rollbots background trait:
Special
1,000,000
Purple
75,000
Red
65,000
Orange
55,000
Green
45,000
Blue
35,000
Grey
25,000
Date: March 31st, 2022 ⏰
A single player won a whopping $154,243.29 from the RLB Lottery.
At the time, this was the single largest win from the RLB Lottery.
A win so big it had to be a milestone for RLB 🤑
Date: April 11th, 2022 ⏰
The second RLB burn on Solana occurred on May 17th, 2022.
434,979,239.67 RLB was sent to the incinerator 🔥
Date: May 17th, 2022 ⏰
The third RLB burn on Solana occurred on January 17th, 2023.
1,056,646,719.32 RLB was sent to the incinerator 🔥
Date: January 17th, 2023 ⏰
Rollbit added the ability to buy and sell RLB directly on Rollbit.
This release made it extremely easy for existing and future RLB holders to purchase RLB, without the need to understand complex third-party exchanges.
Date: May 17th, 2023 ⏰
RLB holders can now add RLB and a equal share of USD to a pool and earn passive income by way of trading fees for helping to facilitate RLB trades that happen directly on Rollbit.
Date: May 19th, 2023 ⏰
The fourth RLB burn on Solana occurred on June 25th, 2023.
72,367,733.56 RLB was sent to the incinerator 🔥
Date: June 25th, 2023 ⏰
RLB's growth was limited on Solana so the Rollbit team migrated RLB to the Ethereum blockchain.
Date: June 28th, 2023 ⏰
July 2023 marked an exciting development for RLB and Rollbit's 1,000x Crypto Futures.
RLB can now be leveraged to give traders up to a 60% discount on trading fees.
This update made Rollbit the most competitive futures trading platform when considering Basis Points (BPS).
Date: July 8th, 2023 ⏰
Casino players on Rollbit can now enjoy increased rakeback by simply holding RLB.
In an effort to include Rollbit's lucrative Casino vertical within RLB, players can now enjoy up to 10% additional rakeback based on the value of their RLB holdings.
$500,000
10%
$250,000
9%
$100,000
8%
$50,000
7%
$25,000
6%
$10,000
5%
$5,000
4%
$2,500
3%
$1,000
2%
$100
1%
Date: July 21st, 2023 ⏰
RLB can now be bought, sold and traded on the Poloniex Exchange.
Date: August 4th, 2023 ⏰
The deflationary catalyst for RLB was changed to a Buy & Burn model, replacing the existing RLB Lottery. The RLB Lottery still exists today, but receives a much smaller share of Casino revenue and is free to enter (no RLB fee).
Date: August 8th, 2023 ⏰
The RLB Lottery was fundamental to the early growth of RLB and acted as a good deflationary catalyst. However, RLB outgrew the RLB Lottery and burns slowed down significantly.
Following the release of Buy & Burn, the RLB Lottery became free-to-play (no RLB fee), with a smaller portion of Casino revenue being attributed to the prize pools.
Date: August 8th, 2023 ⏰
To support the Buy & Burn update, automated RLB burns went live.
RLB burns now happen directly from Rollbit's Ethereum ERC-20 token hot wallet.
Date: August 10th, 2023 ⏰
$1 claimed in earned 3 RLB
Rollbot: Depending on the of the Rollbot linked to the profile, the user can multiply their RLB wager.
All RLB burns, past and present are documented .
Similarly to the , Rollbit decided to airdrop millions of RLB to active Solana addresses in an attempt to raise awareness of the Rollbit platform.
To make Rollbit's offering more fun and rewarding, spins that resulted in no NFT or cash prize were rewarded with RLB.
During March 2022, Rollbit auctioned a Special Sports Rollbot known as '' to raise funds for the Ukraine war effort. Part of this auction included a 10,000,000 bag of RLB for the winner.
The donation was rounded to 100 ETH and sent to the Ukraine donation .
RLB is added to as a tracked listing. This differed greatly from the previous listing format as untracked listings didn't have any price shown, including related metrics such as market cap.
All RLB burns, past and present are documented .
All RLB burns, past and present are documented .
To support RLB trading on Rollbit, the ability to create was added.
All RLB burns, past and present are documented .
Learn more in the dedicated blog post about the migration ⚡
Major centralised exchange, Poloniex has RLB.
Burns occur hourly and can be viewed on-chain .
All RLB burns, past and present are documented .
