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We have made a major decision to create a large ecosystem on Stellar’s client layer. We believe that, in addition to the DAO-managed core of Stellar, a community-governed ecosystem must be present on the client-side. To this end and to create a powerful ecosystem, we have decided to mint Rabet tokens (RBT) to turn our community members into stakeholders in the value that Rabet creates.
RBT is a governance token for Rabet, minted on to enable community growth and participation.
Asset code: RBT
Total supply: 100,000,000 RBT
50% for ecosystem reward
Rabet is a community-led project, and we want to illustrate this fact by distributing RBT among community members. Our goal is to give 50% of the supply to the users via various programs.
The rewards incentivize holding, providing liquidity, and hunting bugs.
10% for the team.
These tokens are allocated to the development team.
10% for marketing.
These tokens will be used for Rabet’s branding, advertising, B2B partnerships, and exchange listing fees.
10% for public sale
These tokens are allocated to the community and will be distributed to members of the community as a public sale.
20% for Pre-sale.
These tokens are allocated to investors who intend to invest in Rabet for the long term.
RBT holders can vote on major community issues and participate in the development via a portal that will be built in the near future.
2. Bug report bounty
To incentivize the community to assist us in the development process, we have allocated 10% of the supply (10,000,000 RBT) for bug bounties. The bug must be reported via a pull request on Github, and its bounty depends on the severity.
3. Pool reward
As another measure to encourage participation, we have allocated 10% of the supply (10,000,000 RBT) to users who provide liquidity to the RBT/XLM and RBT/USDC pools. Rewards will be distributed every month.
4. Holder reward
As a way to reward loyal Rabet users and RBT holders, we have allocated another 10% of the supply (10,000,000 RBT) to users who have RBT in their wallets. The rewards will be distributed every month in proportion to the number of tokens in your wallet.
Note: To qualify for this reward, you need to hold at least 1,000 RBT.