Tokenomics
Last updated
Last updated
$RSY, is the RiskShield protocol's governance token which is also used to incentivize participation in the ecosystem.
The current use cases for $RSY tokens are as follows:
Representation of voting rights in community governance such as claim assessment, proposal voting, etc.
Mining incentives for capital provisions to the mining pool and investment products.
Eligibility to earn fees generated by RiskShield through governance participation.
Community and ecosystem incentives.
As the RiskShield protocol develops, more use cases will be introduced for the $RSY token.
The initial issuance is 10,000,000,000,000,000,000 (additional issuances may be made at any time based on ecological construction in the future)
The above token distribution plan may be subject to change via community governance from time to time.
Strategic Round
68%
/
Team & Advisors
15%
/
DAO Reserves
9%
Reserved for liquidity provision on exchange listing, marketing initiatives, developer grants, bug bounty programs, strategic partnership, and long-term development of the platform
Initial Liquidity Bootstrap
8%
/