🪂Launch Tokenomics

Distribution to Multichain-affected wallets and the broader $RIU community

Token Supply and Distribution Plan

The total supply of $RIU tokens is permanently capped at 1,000,000,000. The initial airdrop allocation will be divided into two phases, and the overall distribution will be as follows:

• Airdrop Phase 1.

25% of the supply will be allocated to wallets affected by the Multichain hack on the Fantom chain. A snapshot was taken of all wallets holding multichain-wrapped assets before the incident (Timestamp: July 6, 2023 04:21:18 PM UTC, FTM Block Height: 65222413).

Eligible wallets are those that suffered losses exceeding $100. Protocol wallets have been excluded, as we believe individual investors were the least equipped to understand the dangers of centralized bridges and wrapped assets. And they will likely be the ones who benefit less from the main $S airdrop.

Furthermore, we've implemented a bonding curve distribution mechanism to ensure a fair distribution and avoid centralizing the tokens in the hands of large asset holders affected by the incident. This means smaller holders will receive proportionally more tokens compared to large holders.

A file with the list of eligible wallets and the corresponding distribution will be added to the Resources section in the coming weeks. Tokens will not be airdropped directly to wallets. Instead, they will be placed in a claimable pool that users will be able to access through our official website.

After 3 months, $RIU Tokens unclaimed during Phase 1 will be re-allocated in the following way:

• 50% burned

• 50% allocated to Airdrop Phase 2.

Airdrop Phase 2

25% of the supply will be allocated to the broader $RIU community in the months following the end of Phase 1. Full details will be published in our Whitepaper v2 but we will keep community engagement with our content and product line in very high regard.

• 10% for liquidity

• 10% for public good (locked until the project reaches a significant market cap and dedicated exclusively to charity initiatives)

• 10% for listings

• 10% for development and marketing (to support project growth)

• 10% for the team (10-month linear vesting)