Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Redacted Coin Announces Final Tokenomics Plan for RDAC

Redacted Coin Announces Final Tokenomics Plan for RDAC

ChaincatcherChaincatcher2025/04/18 15:39
Show original

According to official news, Redacted has announced the final allocation plan for the RDAC token. The official statement highlights that the token allocation reflects the principles of fairness, collaboration, and sustainable long-term development, aiming to incentivize early contributors, community participants, and builders.

Within this plan, the Jirasan community will receive tokens with 25% unlocked at the TGE, followed by a 3-month cliff, and then linear monthly releases. There is potential for accelerated release upon reaching milestones such as Tier 1 listing, revenue, and market capitalization. Other community allocations will use different TGE unlock percentages, with a 3-month cliff and 24-month linear release. Team tokens are strictly based on market cap thresholds for unlocking, with a 12-month cliff. For every $100 million increase in market cap, 10% is unlocked; if the market cap does not reach $100 million, team tokens will be permanently burned, with the unlock cap set at a $1 billion market cap.

Redacted stated that this model draws on the long-term incentive framework of Binance's founder, Changpeng Zhao, ensuring the team benefits only when goals are achieved. It also announced that previous versions of the token economic model are now void.

Previously reported, Redacted completed a $10 million funding round, co-led by Spartan Group, with Saison Capital, Animoca Brands, and Polygon Ventures also participating.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

GE HealthCare (GEHC.US) plans to acquire Sofie for $1 billion, aiming for high growth in the radiopharmaceutical sector

GE Healthcare plans to acquire Sofie for about $1 billion, aiming to expand recurring revenue by combining imaging devices with radiodiagnostic agents, in response to weak stock performance and pressure from activist investors.

智通财经2026/09/14 02:36
GE HealthCare (GEHC.US) plans to acquire Sofie for $1 billion, aiming for high growth in the radiopharmaceutical sector