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RAY Token
The basic tokenomics for RAY are explained below:
- 555 million RAY hard cap.
- The total RAY mining reserve consists of 34% of all tokens, or 188.7m RAY
- Emissions will last for approximately 36 months, with halvenings occurring every six months. A halvening means the budget for maximum tokens used for emissions during a 6 month period will halve relative to the previous period. The full amount of the budget will not necessarily be emitted during that period.
- 0.03% of trading fees will be used to buy RAY and distribute to stakers
Below are the RAY token addresses, always double check the address before buying!
Solana SPL address: 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
Allocation | Percentage | Amount (RAY) |
Mining Reserve | 34% | 188,700,000 |
Partnership & Ecosystem | 30% | 166,500,000 |
Team (1 - 3 Year Lockup) | 20% | 111,000,000 |
Liquidity | 8% | 44,400,000 |
Community & Seed funding (1 Year Lockup) | 6% | 33,300,000 |
Advisors (1 - 3 Year Lockup) | 2% | 11,100,000 |
Total | 100% | 555,000,000 |
Locked Token Distribution
- Team, advisors and seed funding tokens (25.9% of total) are fully locked for the first 12 months and unlock linearly each day over months 13 - 36.
- Community Bonfida pool sale tokens, 1.1% of total, have a 1 year lock after which they will be fully unlocked.