Raze Network
Raze Network is a Substrate-based Cross-chain Privacy Protocol for the Polkadot Ecosystem.
ICO Details
Private Sale 14.0% and 12.5% on TGE, monthly vesting for 9 months, starting one month after the listing
Public Sale 4.0% and 100% on TGE with no vesting period
Liquidity Reward 40.0% and 10% for Initial Exchange Liquidity, the Rest as Rewards for Liquidity Providers
Operational Reserve 15.0% and 15% on TGE, monthly vesting for 24 months
Vault 8.0% and 0% on TGE, Governance through voting within the community
Team 10.0% and 0% unlocked for 9 months, then monthly vesting over 12 months
Advisors 3.0% and 0% unlocked for 3 months, then monthly vesting over 9 months
RAZE token plays the role of the core utility in the Raze Network ecosystem. It can capture the values included below but not limited to:
Privacy Preserving: RAZE gives DeFi users the ability to move between applications and blockchains seamlessly, while leaving no trace of trading history or interactions with applications.
Governance and Voting: RAZE token holders can create and vote for proposals
Intermediary of Exchange: RAZE token can be used for different services in the ecosystem.
Token Burning: A certain percentage of transaction fees are burned in the form of RAZE tokens.
Liquidity Reward: The market makers providing liquidity in pools will be rewarded with RAZE token.
