RabbitX

RabbitX is a worldwide, permissionless exchange for perpetuals, utilizing Starknet technology. It aims to create the most secure, liquid global derivatives platform, offering 24/7 access to markets globally with the option of 20x leverage.

RabbitX merges cutting-edge ZK infrastructure with an advanced risk engine and an intuitive user interface. With RabbitX, you can engage in around-the-clock trading with 20x leverage while enjoying Ethereum-level security. Our derivatives decentralized exchange is built on top-tier, low-latency ZK-STARK technology on Ethereum, ensuring rapid speeds, enhanced security, and no gas fees.

RabbitX is transforming the financial landscape by providing transparent pricing, immediate settlements, and automated clearing in derivatives trading. It's the go-to platform for traders worldwide.

Key features of RabbitX include:

* Milliseconds response time
* Gas-free transactions
* 20x leverage
* Liquidity in the order book
* 24/7 customer service
* Access to global markets (FX, Commodities, Interest Rates)
* A user-friendly interface tailored for traders

Beyond our hallmark perpetual futures, RabbitX has plans to introduce exotic crypto-native derivatives, interest rate products, FX trading, and more as part of our future developments.

RabbitX has the support of some of the largest and most reputable investors in the industry. This includes Sequoia, Crypto.com, Fabric Ventures, Defiance Capital, Mechanism Capital, Multicoin, SevenX, among others.

The RBX token will have an initial supply of 1 billion tokens (1,000,000,000 RBX). The distribution will be as follows:

* Trading Rewards (32.5%): 325 million RBX tokens will be allocated for community trading rewards and airdrops for users on the RabbitX platform. These rewards are based on trading activity, encouraging user participation and fostering a robust trading ecosystem.
* Liquidity Mining Rewards (7.5%): 75 million RBX tokens will incentivize users and market makers to provide liquidity to RabbitX, which is essential for reaching our goal of becoming a leading global derivatives DEX.
* Treasury (20%): 200 million RBX tokens will be reserved in the RabbitX Treasury for future protocol enhancements, strategic collaborations, and ecosystem growth.
* Investors (20%): 200 million RBX tokens will be set aside for our early investors, who have shown faith in our vision from the beginning. These tokens will be distributed according to a vesting schedule, ensuring fair and balanced allocation.
* Current team (15%): 150 million RBX tokens will go to the existing RabbitX team in recognition of their hard work, dedication, and commitment to the platform's advancement. These tokens will also follow a vesting schedule to keep the team aligned with RabbitX's long-term goals.
* Future team members (3%): 30 million RBX tokens are designated for future team members. As RabbitX expands, attracting top talent is crucial, and aligning their incentives with the project's long-term vision is vital. These tokens will follow a vesting schedule to ensure commitment to RabbitX's success.
* Advisors (2%): 20 million RBX tokens are allocated to current and future advisors, who are instrumental in shaping RabbitX's strategic direction with their invaluable insights and guidance.

The RBX token will have a maximum potential inflation rate capped at 20% annually after the second year, subject to governance voting, though the actual rate may be 0%. This ensures the community has the necessary resources to contribute continually to the protocol.

RBX will add utility and significant value to the RabbitX platform by boosting liquidity and offering rewards to users. Our focus is on providing the best trading experience and value.

For any questions about this update or RBX tokenomics, please contact our support team via the #token channel in our Discord at https://discord.com/invite/rabbitx.