RAY TOKEN
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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
12% of trading fees are used to buy back RAY
Always double-check the RAY mint address before interacting!
RAY Solana SPL address: 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
Details on RAY's circulating supply can be found on CoinGecko. The majority of the locked supply remains allocated to the Mining Reserve, Partnership & Ecosystem, and Advisors. The protocol currently emits ~1.9m RAY per year from the mining reserve.
Allocation:
Allocation
Percentage
Amount (RAY)
Address
Mining Reserve
34%
188,700,000
fArUAncZwVbMimiWv5cPUfFsapdLd8QMXZE4VXqFagR
Partnership & Ecosystem
30%
166,500,000
DmKR61BQk5zJTNCK9rrt8fM8HrDH6DSdE3Rt7sXKoAKb
Team (Vested)
20%
111,000,000
HoVhs7NAzcAaavr2tc2aaTynJ6kwhdfC2B2Z7EthKpeo
Liquidity
8%
44,400,000
85WdjCsxksAoCo6NNZSU4rocjUHsJwXrzpHJScg8oVNZ
Community & Seed (Vested)
6%
33,300,000
HuBBhoS81jyHTKMbhz8B3iYa8HSNShnRwXRzPzmFFuFr
Advisors (Unallocated)
2%
11,100,000
5unqG9sYX995czHCtHkkJvd2EaTE58jdvmjfz1nVvo5x
Total
100%
555,000,000
Locked Token Distribution
Team and seed (25.9% of total) were fully locked for the first 12 months after TGE and unlocked linearly each day over months 13 - 36. Vesting concluded on February 21, 2024.