RAI Finance native token(SOFI)’s Value and Distribution
Get to know everything about SOFI
Dear RAI Finance community members:
With Bithumb and Huobi Global, leading exchange platform in Korea and China, announced supporting RAI Finance’s token exchange, more and more blockchain community fans have shown interests toward SOFI. To bring to our fans a comprehensive understanding of the native token of RAI Finance platform, we would like to release an overall introduction about SOFI.
What is SOFI
SOFI is the native token of RAI Finance, a hub for all things related to trading. It is the primary tool for the project development and production operation of RAI Finance. The total issue will be 1,000,000,000 SOFI.
SOFI Contract Address(Ethereum): 0xB49fa25978abf9a248b8212Ab4b87277682301c0
SOFI Contract Address(Base): 0x703d57164ca270b0b330a87fd159cfef1490c0a5
SOFI Contract Address (Polygon): 0x7cb810ecbfd6125e65f451cfbd8ae657dffdd6b4
Where is the value of SOFI?
SOFI, the native token of RAI Finance, derives its value from several features that aim to maximize profit while maintaining long-term value. Users can use SOFI tokens through the following mechanisms:
- Governance: The SOFI token serves a governance function for the protocol. Users can stake a certain amount of SOFI to create proposals, and holders can vote on parameters, including but not limited to liquidity mining, pool staking fees, and the usage of the ecosystem fund.
- SocialFi: A significant portion of SOFI is allocated to attract and reward users and traders for using the SocialFi functions of RAI Finance. This includes Social Trading, where users can tokenize their portfolios and copy trade other professional traders. RAI Finance also plans to introduce various other SocialFi functions in the future.
About the Distribution and Unlocking Mechanism of SOFI
Where is the future appreciation of RAI Finance(SOFI)
The implementation of RAI Finance’s future product plans, the continuous development of international communities, partnerships, and ecosystem will all bring values to SOFI.
Additional Notice
Transfer team tokens to RAI Finance DAO which is controlled by a multi-sig wallet
https://app.rai.finance/#/proposals/0xFFBd847806Cc462b1Df726C5363E8D40f52afa8f/39
Building a decentralized active community can bring more potential for the future development of the project. Therefore, the RAI Finance project will be more committed to the community development of the project in the future.
As of September 2022, team tokens will be unlocked and form the DAO ecosystem. This new DAO ecosystem token will be distributed according to the existing team token vesting plan.
About RAI Finance
RAI Finance is the hub for everything trading.Since 2020, our team has developed various DeFi, NFTFi, and Social Trading products that operate across multiple blockchain networks. RAI Finance boasts several customizable DEXs for both tokens and NFTs, in addition to Social Trading functionality. Whether you need a straightforward swap, NFT trading services, or index trading, Rai Finance offers a solution for everything trading.
Follow RAI Finance public channels for future updates:
▪ Official Website: https://rai.finance
▪ Medium: https://medium.com/rai-finance
▪ Twitter: https://twitter.com/RaiFinance
▪ Telegram: https://t.me/RaiFinance
▪ Github: https://github.com/RaiFinance
