Root Protocol Presale Information

Root
2 min readMay 22, 2023

Hey Sprouts!

We have some exciting news! Over the last several weeks, the core contributors at Root Protocol have revised and improved the product prior to deployment.

Now, Root Protocol is ready!

Overview:

  1. The Presale structure has been modified for simplicity
  2. ROOT tokenomics, model, and distribution have been streamlined for accessibility
  3. ROOT, veROOT, rootETH, and 3000 Genesis rootNFTs (rNFT) comprise the tokenized Root Protocol offerings
  4. rootETH, Grove Money Market, and Root’s first several Stems have been improved and are actively under development
  5. New Partnerships are scheduled to be announced
  6. Root’s landing page and dApp have been updated
  7. ROOT will deploy on Ethereum mainnet for accessibility, with 1000 rootNFTs (rNFT) also available on Arbitrum for $ARB airdrop recipients
  8. Primary ROOT LP shall be seeded on Balancer with a secondary Uni v2 LP
  9. ROOT will deploy post-Audit upon closing the Public Round

The Presale is comprised of 3000 Genesis rootNFTs (rNFT), offering:

  • Competitive APR
  • ROOT emissions (40% APR year 1; 36% APR year 2; 26% APR year 3)
  • LP Fees
  • Lifetime Royalties on Secondary Sales
  • Cross-Chain Deployment Optimization
  • Airdrops on all tokenized Root Stems

The presale is hosted on Root’s website root.credit and is now structured as follows:

Discord OG, Discord WL, and AmpliFi Presale

  • 1000 rNFTs
  • .4 $ETH/rNFT
  • Contributions made in $ETH on Ethereum Mainnet
  • Opens Thursday May 25th

$ARB Airdrop Recipients Presale

  • 1000 rNFTs
  • .5 $aETH/rNFT
  • Contributions made in $aETH on Arbitrum Mainnet
  • Opens Sunday May 28th

Public Presale

  • 1000 rNFTs
  • .6 $ETH/rNFT
  • Contributions made in $ETH on Ethereum Mainnet
  • Opens Wednesday May 31st

Root is also introducing a Token-based early-access Round for partner protocols, reputable and established KOLs, and vetted Angels. 7.5M ROOT shall be auctioned on a FCFS basis:

  • 11.5 cents ($.115 USD/$ROOT)
  • 7.5% Total Supply
  • 20% released on ROOT deployment
  • 80% vested linearly over 9 months

Root’s valuation is now as follows:

  • $780,000 Circulating Market Cap
  • $3,000,000 starting Fully-Diluted Market Cap
  • 100M Total Supply
  • 13 cents ($.13 USD/$ROOT)

Genesis rootNFT (rNFT) Royalties are distributed as follows:

· 1% to original minter

· .5% to Root Treasury

· .5% to buyback/burn $ROOT

· .5% to NFT stakers

· .5% to veROOT holders

For our former AmpliFi holders, stay tuned for another Medium Article being released today, which describes all the benefits Root will provide to our earliest supporters!

For more information:

Correction added: Revised May 24th 2023 (1000 rNFTs offered in $ARB round)

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