RAI (Rai Finance) Introduction
1. Brief Introduction
Rai Finance is a cross-chain asset swap protocol that is building on top of the Polkadot blockchain.
2. Detailed Introduction
Rai Finance is a project to establish a decentralized finance (DeFi) ecosystem based on Polkadot blockchain. Rai Finance, combined with Polkadot's cross-chain technology, is established to complement the problems of building DeFi-based digital assets and supplying liquidity to existing distributed financial ecosystems.
Our key team members are veterans who have worked in the blockchain industry for at least three years each and have established and operated the industry's top consulting firm, Layer 1 Protocol, dApp, and Decentralized exchange (DEX).
Our core technology partner, Wizpace, is the founder of the League of Traders, a Korean-based social trading application, and the world's first EOS-based decentralization exchange DEXEOS, which could integrate technological superiority and user base into Rai Finance.
Rai Finance has attracted strategic investment from the world's leading crypto funds such as NGC Ventures, GBIC, and AlphabIt.
3. Token Allocation
-Public Sale: 0.21%
-Seed & Private Sales: 10.7%
-Parachain Slot Auction : 10%
-Ecosystem Development: 18%
-Liquidity Incentives: 36.09%
4. Token Information and Release Schedule ( Only provide when available)
1)Total Token Supply : 1,000,000,000 RAI
2)Circulating Supply: 4.97% at the initial listing
3)Private Round Price: $0.06 in Seed Round, $0.08 in Strategic Round, $0.10 in Private Sale
4)Public Round Price: $0.12 in Cobak Token Sale, $0.15 in Blockzone MTO
5)Token Lock-up plan and release plan :
-Blockzone MTO (0.13%) : Unlocked
-Cobak Token Sale (0.08%): 50% Unlocked, rest of 50% will be unlocked after 3 months
-Seed Sale (2.5%): 4% will be unlocked on the first listing. Six months after the first listing, the rest will be unlocked evenly every month in 11 months.
-Strategic Sale (6%): 7% will be unlocked on the first listing. Three months after the first listing, the rest will be unlocked evenly every month in 11 months.
-Private Sale (2.2%): To be unlocked evenly every month in 12 months since the first listing.
-Team (13%): 8% will be unlocked on the first listing. Five months after the first listing, the rest will be unlocked evenly every quarter for 48 months.
-Foundation (12%): To be unlocked 5 months after the first listing. The rest will be unlocked evenly every quarter for 48 months.
-Parachain Slot Auction (10%): To be unlocked 5 months after the first listing. The rest will be unlocked evenly every quarter for 48 months.
-Ecosystem Development (18%): 16.94% will be unlocked on the first listing and 2.78% will be unlocked after 6 months. Four months after the second distribution, the rest will be unlocked evenly every quarter for 48 months.
-Liquidity Incentives (36.09%): Ongoing right after the product launching
5. Related Links
1)Official website: http://rai.finance
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.