🧬RAY Token

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

Below are the RAY token addresses, always double check the address before buying!

Solana SPL address: 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R

Allocation:

Allocation

Percentage

Amount (RAY)

Mining Reserve

34%

188,700,000

Partnership & Ecosystem

30%

166,500,000

Team (1 - 3 Year Lockup)

20%

111,000,000

Liquidity

8%

44,400,000

Community & Seed funding (1 Year Lockup)

6%

33,300,000

Advisors (1 - 3 Year Lockup)

2%

11,100,000

Total

100%

555,000,000

Locked Token Distribution

  • Team, advisors and seed funding tokens (25.9% of total) are fully locked for the first 12 months and unlock linearly each day over months 13 - 36.

  • Community Bonfida pool sale tokens, 1.1% of total, have a 1 year lock after which they will be fully unlocked.

Last updated

#175: Stendhal's Mar 6 changes

Change request updated