INTRODUCING THE NEW RUBIC TOKENOMICS — THE WAY FORWARD

Rubic is a Great Product and Tech We’re Proud Of

Extra Tokens in Circulation

  • The RBC token has suffered from a 75% price decrease as a result of a 35M increased supply, which currently equals 158.5M Rubic tokens (initial max supply of 124M on Ethereum + 35M on BNB — 0.5M burned).
  • This extra amount hasn’t been locked in the current smart contracts, so it is not collateralized with ETH. Right now, we can only fix it with the new contract, as this is a huge number to buy back, even if it was possible.
  • The BRBC token price is currently higher than that of RBC, the RBC <> BRBC bridge cannot maintain the ratio of 1 to 1, and BRBC is no longer connected to RBC because there’s no more collateral for it on Ethereum (which 35M served for). Now, we need new tokenomics to fix it.

The New Token

  1. To get it, you should hold it in your private wallet, for which you hold the private key (regardless of which network it is on now — Polygon, BNB Chain, Ethereum).
  2. If you keep it on CEXs, please withdraw it to your private wallet.
  3. If the governance vote on the new tokenomics is successful, the snapshot will be done on December 12th at 12:00 CET. Centralized exchanges have to stop trading the old token after the snapshot.
  4. You will be able to claim the new RBC at a ratio of 1:1 to the old RBC (instructions on how to claim it will follow) — it will open in several days after the snapshot.

New RBC Supply

Retrodrop to Holders

New Rubic Product for dApps

Business Model

New RBC Token Utility

  • Governance: Token holders can participate in decentralized decision-making in the Rubic DAO.Grant programs for SDK integrators.
  • Distribution of partners’ airdrops to RBC holders.
  • SDK subscriptions and integration service fee in RBC.
  • Low Fees for RBC holders: Cut costs of cross-chain calls, exchange fees, & gasless fees.

Route to Market

The Need for Additional Funds and Partnership Connections

Staking V3 to Be Closed

Governance Vote

We count on your support!

These changes are essential for the future of Rubic. As we don’t want to be limited to just swaps, we want to encompass all the best cross-chain services of the entire cryptosphere.

We want to lead cross-chain for Web3 and believe that with your support, we have the full capacity to do that.

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Rubic

Rubic is a Cross-Chain Tech Aggregator for users & dApps. Rubic aggregates 26 chains, 90+ DEXs & bridges, and enables swapping of 15,500+ assets in 1 click.