Hi
What is "REV"?
It's REVS (REV is some other coin).
It's a SuperNET Asset that was distributed to BTCD holders during a snapshot. Currently it isn't trading on any market.
Guys have you determined the time frame for REVS to be distributed or Is it automatically distributed or swapped when the 1-year swapping time elapsed?
It has already been distributed. Distribution was based off of BTCD holdings during a snapshot, 1 week into the ICO. To claim REVS you need to import BTCD key.