$RATE Tokenomics Draft Publishment

Rho Markets
3 min readOct 24, 2024

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We’re excited to introduce $RATE, the native token for Rho Markets — a token that will forge a strong alliance among the motivated users of the Rho ecosystem. Our $RATE Tokenomics are meticulously designed to drive growth, empower our community, and unlock exclusive rewards for our most engaged participants.

At Rho Markets, our vision is to become the go-to consumer liquidity protocol, offering a seamless, user-friendly experience for on-chain finance. We aim to simplify liquidity management, allowing users to easily access and participate in DeFi markets, while ensuring both security and efficiency.

But beyond just building a liquidity protocol, our broader mission is to empower users by using the lending protocol as a foundational layer to make crypto more spendable in real life. We believe that by creating a robust lending framework, we can unlock new possibilities for everyday transactions, allowing users to utilize their crypto assets seamlessly in various real-world scenarios.

$RATE will be the key to unlocking community-driven growth, giving users a voice in governance and the opportunity to actively participate in shaping the future of Rho Markets. Through $RATE, we aim to foster a collaborative environment where users can engage in decision-making processes that influence the platform’s development.

Our first product is the lending protocol, designed not only to facilitate borrowing and lending but also to serve as a stepping stone for future innovations. We envision this protocol as a foundational layer that supports a wide range of use cases, such as enabling crypto payments for goods and services, bridging the gap between digital and traditional finance, and enhancing the overall utility of crypto assets.

As we move forward, our goal is to integrate this lending protocol into various applications and platforms, ultimately making crypto accessible and practical for everyday use.

With $RATE at the heart of this vision, we’re committed to building a robust platform that fosters sustainable growth, user empowerment, and the true spirit of decentralization.

$RATE Token Allocation

The $RATE token is distributed in a way that encourages long-term growth, decentralization, and ecosystem sustainability. Each allocation has a targeted use case to drive the platform’s success:

  • Team/Advisors: 18% — Reserved for the team to ensure alignment with long-term goals.
  • Security Donation: 5% -aid researchers, security audit experts, and projects focused on enhancing security awareness and solutions within the community.
  • Liquidity Provision: 3% — Allocated to ensure liquidity on key markets and support market makers.
  • Public Sale : 0.1% — Set aside for the initial decentralized exchange offering.
  • Ecosystem (Airdrop): 3% — Dedicated to growing Total Value Locked (TVL) through incentivization programs, campaigns, and airdrops. Early supporters are rewarded through this allocation.
  • Ecosystem (Liquidity Incentives): 47.9% incentivizing liquidity provision across the platform, rewarding users who add liquidity to the market
  • Investors: 8% — Allocated to strategic partners and advisors who support the platform’s development.
  • Growth and Treasury: 15% Reserved for the platform’s growth initiatives and operational expenses.

Token Emission & Vesting

The emission schedule for $RATE is structured to promote stability, gradual decentralization, and long-term alignment between stakeholders. With a focus on ecosystem growth, the vesting and release of tokens are designed to avoid supply shocks while maintaining incentives for active participation.

By aligning the largest share of tokens with ecosystem participants and community members, the $RATE distribution model reinforces the platform’s decentralized ethos.

This approach creates a virtuous cycle of engagement, growth, and security, ultimately empowering Rho Markets to become a self-sustaining, community-driven protocol.

We’ve just opend the Tokenomics Discussion Channel on Discord, and we want YOUR voice to be heard.

🔸Share your ideas & suggestions, in just THREE days, we’ll lock in the final structure — and u don’t want to miss out on shaping the future of $RATE!

👉Gate to join discussion: https://discord.com/channels/1228603296755880006/1298848779281240094

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Rho Markets
Rho Markets

Written by Rho Markets

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