🪙Tokenomics
Overview of $RHUB token metrics
Tokenomics
🔸Total Supply: ~38.12MM (excluding liquidity and rewards ~3M per year).
🔸Max Supply: 100MM
🔸Circulating TGE supply: 427,514 RHUB tokens as of 09.10.2022
🔸TGE marketcap: $38,476 as of 09.10.2022
🔸Strategic Price: $0.09
🔸Private Price: $0.05
🔸Total tokens sold before TGE: 7,125,248
Unsold strategic or public tokens were locked indefinetly.
Difference between total and max supply refers to the following: 10% of total supply is for liquidity, which is always locked and never sold on the market. 35% for rewards spanning over many years (~3M annually), majority of which might never be released provided buybacks replenish the pool adequately. Lastly, 20%+ for development and marketing are vested and majority will not be released anytime soon as we have enough funds from the raise.
Vesting
🔸Public: 15% At TGE then linearly for 4 months
🔸Strategic: 7% at TGE — 1 Month cliff, Thereafter 10 months linear
🔸Private: 5% at TGE — 1 month cliff, Thereafter 12 months linear
🔸Team: 6 months cliff, linearly over 12 months
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