Rage Trade releases token economics, with 6.5% of tokens allocated for airdrops

ChainCatcher news, the perpetual contract protocol Rage Trade has released its tokenomics, which includes: 35% for token sales, 30% for community treasury, 15% for the team, 13.5% for private buyers, and 6.5% for airdrops.

The airdrop portion consists of: 4% for V1 users, 1.25% for V2 users, and 1.25% for @HyperliquidX OG spot traders.

Previous news, in May 2023, the Arbitrum ecosystem perpetual contract protocol Rage Trade received investment from OKX Ventures, with the investment amount undisclosed. Rage Trade stated that recent work has focused on developing v2 perp, and details about v2 perp and the treasury plan will be announced next week.