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About RabbitX
Key Points
- RabbitX is a global permissionless perpetuals exchange built on Starknet.
- Features: 20x leverage, 24/7 markets, milliseconds latency, zero gas trading, orderbook liquidity, 24/7 customer support, global markets, and trader-focused UI.
- Backed by investors: Sequoia, Crypto.com, Fabric Ventures, Defiance Capital, Mechanism Capital, Multicoin, SevenX, and others.
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RBX token distribution:
- Trading Rewards: 325 million RBX (32.5%)
- Liquidity Mining Rewards: 75 million RBX (7.5%)
About RabbitX: Empowering the Future of Decentralized Finance
RabbitX: A Revolutionary Decentralized Finance (DeFi) Platform
RabbitX is a decentralized, globally accessible perpetuals exchange, built upon the robust Starknet infrastructure. By fostering the most secure and liquid derivatives network worldwide, RabbitX provides uninterrupted, 24/7 access to global markets from anywhere, with the added advantage of 20x leverage.
By synergistically integrating cutting-edge ZK infrastructure with a robust risk engine and an intuitive, visually stunning user interface, RabbitX empowers users to trade 24/7 markets with 20x leverage, all while leveraging the unparalleled security of Ethereum. Our decentralized derivatives exchange is built atop Ethereum, harnessing the power of state-of-the-art, low-latency ZK-STARK technology to deliver lightning-fast speed, uncompromising security, and zero gas fees.
RabbitX is revolutionizing the financial landscape by providing unparalleled price transparency, instantaneous settlement, and automated clearing for derivatives trading, thereby redefining the global trading paradigm.
RabbitX offers a comprehensive suite of services, including:
- Ultra-low latency of mere milliseconds
- Gas-free trading, eliminating unnecessary costs
- Aggressive 20x leverage for amplified market exposure
- Deep order book liquidity for seamless execution
- Unwavering 24/7 customer support for prompt assistance
- Unbridled access to global markets (FX, Commodities, Interest Rates)
- An intuitive, trader-centric user interface designed for success
Beyond our hallmark perpetual futures, RabbitX has ambitious plans to introduce a diverse range of innovative, crypto-native derivatives, as well as interest rate and foreign exchange trading products, all of which are slated for rollout in our forthcoming roadmap.
RabbitX’s Illustrious Investors
RabbitX boasts a prestigious roster of backers, featuring some of the most esteemed investors in the industry, including Sequoia, Crypto.com, Fabric Ventures, Defiance Capital, Mechanism Capital, Multicoin, SevenX, and other luminaries.
The Token Distribution Mechanism
The RBX token will boast an initial supply of 1 billion tokens (1,000,000,000 RBX), with the following allocation strategy:
- Trading Rewards (32.5%): A total of 325 million RBX tokens will be distributed as community trading rewards and airdrops to users on the RabbitX platform, incentivizing active trading and fostering a healthy trading environment.
- Liquidity Mining Rewards (7.5%): 75 million RBX tokens will be dedicated to incentivizing users and market makers to provide liquidity to RabbitX, thereby ensuring a deep and stable liquidity pool, a critical component of RabbitX’s vision to become the premier global derivatives DEX.
- Treasury (20%): A reserve of 200 million RBX tokens will be set aside in the RabbitX Treasury, providing a strategic fund for future protocol upgrades, strategic partnerships, and ecosystem development initiatives.
- Investors (20%): 200 million RBX tokens will be allocated to our early investors who have demonstrated their confidence in our vision from the outset. These tokens will be subject to a vesting schedule, ensuring a balanced and fair distribution.
- Current team (15%): 150 million RBX tokens will be allocated to the current RabbitX team in recognition of their tireless efforts, dedication, and ongoing commitment to the platform’s growth and success. These tokens will be subject to vesting, ensuring the team’s long-term alignment with the platform’s objectives.
- Future team members (3%): 30 million RBX tokens will be allocated to future team members, enabling us to attract top talent and align their incentives with the project’s long-term vision. These tokens will also be subject to vesting, ensuring a long-term commitment to RabbitX’s success.
- Advisors (2%): 20 million RBX tokens will be allocated to current and future advisors of the protocol, acknowledging their invaluable contributions to shaping the strategic direction of RabbitX and providing guidance throughout our journey.
RBX will be capped at a maximum potential inflation rate of 20% per annum, effective from year two, contingent upon governance voting. In practice, the actual inflation rate may be as low as 0%. This mechanism ensures the community retains the necessary resources to sustain its contributions to the Protocol.
The Token’s Utilization: Unlocking a New Era of Possibilities
RBX is poised to bring forth a multitude of benefits to the RabbitX platform, notably enhanced liquidity and lucrative rewards for users. Our unwavering commitment is to provide an unparalleled trading experience, replete with exceptional value, for the benefit of our esteemed users.
Should you have any inquiries regarding this update or the RBX tokenomics, kindly reach out to our dedicated support team in the #token channel within our Discord community at https://discord.com/invite/rabbitx.