The basic tokenomics for RAY are explained below:
- 555 million RAY hard cap.
- The total RAY mining reserve consists of 34% of all tokens, or 188.7m RAY
- Emissions will last for approximately 36 months, with halvenings occurring every six months. A halvening means the budget for maximum tokens used for emissions during a 6 month period will halve relative to the previous period. The full amount of the budget will not necessarily be emitted during that period.
- 0.03% of trading fees will be used to buy back RAY
Always double check the RAY mint address before interacting!
RAY Solana SPL address: 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
Locked Token Distribution
- Team, advisors and seed (25.9% of total) are fully locked for the first 12 months and unlock linearly each day over months 13 - 36.