Rangers Protocol’s $RPG Allocation & Release
“RPG Generation, Distribution, and Allocation” series, Pt. 1
The initial issuance of $RPG envisages seven types of token holders. Rangers Protocol has adopted a slow and smooth token release mechanism to ensure that token holders get long-term and stable incentives.
We have created a series of articles called “RPG Generation, Distribution, and Allocation,” where describe how Rangers Protocol’s token $RPG works in Metaverse. We are starting this series with the allocation and release of $RPG. Once we’re through the distribution mechanism, the $RPG generation process will become more apparent to you.
The total supply of $RPG is 21 million pieces. In the initial stage, there will be seven types of holders. According to the token release cycle, the holders are investors, ecological funds, core teams, incubators and consultants, and ecological communities, ranging from short-term to long-term. The distribution ratio of the treasury is 0; hence it will not be mentioned further on.
Each holder’s proportion is shown in the image below:
Investors account for 10% of the share obtained by providing initial funds to Rangers Protocol. Based on an independent unlocking mechanism, the token allocation for the investor will be unlocked within 400 days.
The use of the eco fund (20%) is determined by community voting. When needed, the community will vote to make a decision, and an announcement will be made on the foundation website.
For the core team (14%), incubators and consultants (7%), and the ecological community (49%), 8% of the remaining token allocation amount will be released every 180 days. It can ensure that the Rangers Protocol ecosystem developers can obtain long-term and stable incentives to become long-term holders of $RPG.
In the distribution of $RPG, the ecological community is the essential part responsible for the entire generation of $RPG. The ecological community is divided into proposal nodes and verification nodes, each of which undertakes a critical mission and is indispensable in generating $RPG.
In the following article of the series, we will describe how the $RPG is generated and what responsibilities each ecological node performs in this process.
About Rangers Protocol
Rangers Protocol is a future-oriented virtual world blockchain infrastructure incubated by MixMarvel, integrating cross-chain, NFT, and EVM protocols. As a high-performance chain group that can realize the EVM multi-chain contract interoperability, Rangers Protocol serves all entrepreneurs who want to explore the blockchain world. It allows pioneer developers to freely try out diverse content and applications in the Rangers Protocol ecosystem without permission.
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