Raze Network Transparency Report

We know one of the most intriguing aspects of blockchain technology is the level of transparency that it can provide.

Blockchain has the potential to improve supply chains and clinical trials, enforce the law, financial contract, enable responsible consumption, and enhance democratic governance, all of which is done through traceability of information as a means of ensuring that nothing is unduly modified.

The advances in cryptography have allowed much more of a verification of the technology behind the blockchain, meaning more users can trust the network.

So we are here with a Transparency Report on RAZE tokens.

Our Transparency Report mainly discloses the addresses holding a large amount of RAZE tokens, their provenances, purposes, status, and vesting schedules.

We believe that sharing this data can allow a further level of confidence and trust in the Raze team, shed light on how the Raze community is formed and how it will evolve in the future.

Without further ado, below is our Transparency Report data:

Purpose : Liquidity Reward

Quantity: 43,200,000

Percentage: 36%

Status: Locked

Vesting: 10% for Initial Exchange Liquidity, the Rest as Rewards for Liquidity Providers

Purpose : Operational Reserve

Quantity: 15,300,000

Percentage: 12.75%

Status: Locked

Vesting: 15% on TGE, monthly vesting for 24 months

Purpose : Vault

Quantity: 9,600,000

Percentage: 8%

Status: Locked

Vesting: 0% on TGE, Governance through voting within the community

Purpose : Team

Quantity: 12,000,000

Percentage: 10%

Status: Locked

Vesting: 0% unlocked for 9 months, then monthly vesting over 12 months

Purpose : Advisor

Quantity: 3,600,000

Percentage: 3%

Status: Locked

Vesting: 0% unlocked for 3 months, then monthly vesting over 9 months

Purpose : Token Sale

Quantity: 21,180,000

Percentage: 17.65%

Status: Locked

Vesting: 12.5% on TGE, monthly vesting for 9 months, starting one month after the listing.

The other unlocked tokens are currently managed by team treasury and foundation for airdrop, staking reward, yield farming reward and liquidity providing. After mainnet launch, Raze Network will start DAO governance and give the control power to the community and token holders.

❗️❗️ If you have any questions regarding this launch, please do not hesitate to contact us via telegram or simply give a shout-out to @R4ZE_Network on Twitter.

❗️❗️Please Be Noted The One And Only Token Address is 👇👇👇 0x5Eaa69B29f99C84Fe5dE8200340b4e9b4Ab38EaC

❗️❗️ Please beware of any suspicious schemes.

About Raze Network

Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.

Contact Raze Network

Telegram | Medium | Official Website | Email | Twitter

Raze is a trustless zero-knowledge proof system designed specifically for decentralized finance.