To all Razers,
RAZE Token Release Option B has been executed. In other words, there will be no more token releases from early investors/advisors.
The Community Vote result was crystal clear. Over 67% of the participants voted in favor of Option B, which would increase circulating supply in the short term, but eliminate new selling pressure in the long term.
It means by the time you read this post,
- Raze Network team has completed its investor/advisor token vesting schedule.
- All of the investor/advisor tokens have been unlocked at this stage.
- Most importantly, there will be no more (zero) investor/advisor tokens to be released in the future.
- Finally, Raze Network technology is unfettered now and ready to soar.
Now, we want to take this opportunity to sincerely thank all investors, advisors, and community members for their continued support of Raze Network. Thank you for helping us realize our vision, and we have been truly feeling overwhelmed with the process.
We will continue to enhance the privacy of the growing DeFi and Web 3.0 ecosystem.
Thank you for your continuous support — we look forward to the joint path ahead.
About Raze Network
Raze Network is a substrate-based, cross-chain privacy protocol built for the growing DeFi and Web 3.0 ecosystem. Applying zkSNARKS to the Zether framework, Raze is an EVM-compatible layer-2 middleware that will enable end-to-end anonymity for decentralized applications running on Ethereum, Polkadot, and Binance Smart Chain, with more layer-1 chain integrations roadmapped in the near future.
Our mission is to enable cross-chain, privacy-preserving transactions and activity for end users, shielding asset movements from surveillance while guaranteeing composability and faster settlement.