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:
- Address 1 : 0xf8b8c5fcc57a3d0ac0f095610e733281dd4f16a5
Purpose : Liquidity Reward
Vesting: 10% for Initial Exchange Liquidity, the Rest as Rewards for Liquidity Providers
- Address 2: 0x0e44659fededc3a94e923c440c3151b31f08ce68
Purpose : Operational Reserve
Vesting: 15% on TGE, monthly vesting for 24 months
- Address 3: 0x13328b3fbea579769568e2d9b819314cb4f4f9a7
Purpose : Vault
Vesting: 0% on TGE, Governance through voting within the community
- Address 4: 0x8b21f46248fc5c13498d8ee85e9db6f2049d0e2b
Purpose : Team
Vesting: 0% unlocked for 9 months, then monthly vesting over 12 months
- Address 5: 0x555ab4d1410f6cf5815e7f0733e636cb69b877c6
Purpose : Advisor
Vesting: 0% unlocked for 3 months, then monthly vesting over 9 months
- Address 6: 0x15f0aa524fc961f0673639707cfc59ad76463362
Purpose : Token Sale
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.
❗️❗️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.