Published in

$RAUX airdrop complete!

If you were in the $DGVC LP, you now have $RAUX. So now what?

This article is a quick summary of what you options are as a $RAUX owner.

$RAUX is a token of the ERCAU project and grants you a share in ERCAU profits. It will be also be a governance token in a future ERCAU DAO. You can see your $RAUX in your MetaMask wallet by adding its address 0x68496eE825DAFE1cF66D4083f776B9eAAb31e447.

As a $RAUX airdrop recipient you have many options:

  1. Sell your $RAUX on Uniswap. However, your ability to do so will be limited by Uniswap itself and the available liquidity.
  2. Pool your $RAUX on Uniswap. In doing so you add $RAUX liquidity on this market and if demand rises so will the price. If demand drops accordingly so will the price.
  3. Hold onto your $RAUX in your wallet or transfer it to your Trezor or Ledger for safekeeping if you want!

Be realistic. It’s early days for ERCAU and $RAUX. The project is pre-MVP actually. I am often reminded of Band Protocol, which launched with fanfare — as a Binance IEO no less — only to see its price drop from 60 cents to 20 cents. This was just under a year ago but the time came for Band and over the past month its price rose to $15! ERCAU is an idea for the age of Central Bank Digital Currencies. We believe that its day will come too and we are delighted to have you onboard.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store