Rage Trade: Comprehensive Overview of the $RAGE Token Sale

Introduction to $RAGE Tokenomics

Rage Trade introduces the $RAGE token with three key principles at its core:

Community Ownership: Prioritizing the community over the team and investors.
Rage Quit Option: Allowing early exit for vesting participants.
Airdrop to Dedicated Communities: Rewarding loyal and active traders.

Community Ownership

From day one, Rage Trade ensures that the community has significant ownership. Here’s a breakdown:

Community: 41.5% (Public Sale, Hyperliquidity, Airdrop, and Incentives)
Team and Investors: 28.5%
Community Treasury: 30% (Governed by token holders)

Rage Quit Option

Recognizing the dynamic nature of token investments, Rage Trade offers a unique “Rage Quit” feature. This allows vested participants to exit early by receiving 40% of their tokens upfront while burning the remaining 60%.

This burn mechanism effectively increases the ownership stake of other token holders, adding deflationary pressure.

Airdrop Strategy

Rage Trade acknowledges and rewards its dedicated users and key community influencers. The airdrop will target:

Rage V1 Users: 4%
Rage V2 Users: 1.25%
@HyperliquidX OG Spot Traders: 1.25%

$RAGE Tokenomics Overview

Supply:

Total Supply: 100 million $RAGE

Token Distribution:

Token Sale: 35%
Community Treasury: 30%
Team: 15%
Private Purchasers: 13.5%
Airdrop: 6.5%

Vesting Schedules:

Token Sale: 100% unlock at Token Generation Event (TGE)
Community Treasury: 12-month cliff + 24-month linear vesting
Team: 12-month cliff + 24-month linear vesting
Private Purchasers: 3-month cliff + 15-21 months linear vesting
Airdrop: 3-month cliff + 3-month linear vesting

Deflationary Unlock Options:

Participants have two choices:

Rage Quit: Receive 40% upfront and burn the remaining 60%.
Standard Vesting: Receive 100% of tokens over a 15-21 month period.

Launch Phases

The $RAGE token launch will be conducted in two phases:

Token Sale on Fjord Foundry
Token Generation Event on HyperliquidX, which will seed Hyperliquidity ensuring permanent and non-custodial liquidity.

Rage Trade Platform Overview

Rage Trade operates as a multi-chain perpetual (perp) aggregator, comparable to 1inch but for perps, spanning across various compatible chains including EVM L2s, L1s, Appchains, and Solana.

Key Features

Aggregated Liquidity: Pools liquidity from the most popular perp trading platforms.
Optimal Routing: Ensures best prices, funding rates, and lowest fees with token rebates.
Enhanced Bridging: Facilitates smooth asset transfers across multiple chains.
Unified Referral Link: A single referral link applicable across all supported platforms.

Platform Metrics

Total Volume: $780M+
Aggregated Platforms: 6
Total Assets: 154
Total Users: 4,000+

Notable Integrations

Hyperliquid GMX (v2)
dYdX (v4)
GMX (v1)
Aevo
Synthetix (v2)

Investors and Supporters

CMS (Home of CMS intern)
OKX (OKX Venture)
Zee Prime (Fiskantes’ Alt)
Robot Ventures (Tarun Chitra and Rob Leshner)
Primitive Ventures
Kronos (Crypto Hedge Fund)

Initial Token Sale Details

Public Sale Price: $0.30
Market Cap: $10,500,000
Fully Diluted Valuation (FDV): $30,000,000
Circulating Supply: 35,000,000 $RAGE

Conclusion

The $RAGE token sale embodies a community-first approach, offering innovative tokenomics and deflationary mechanisms to enhance user participation and ownership. By leveraging the unique Rage Quit feature and targeting dedicated trading communities through strategic airdrops, Rage Trade positions itself as a pioneering force in the multi-chain perp trading ecosystem. With robust support from leading investors and a comprehensive launch strategy, $RAGE is set to make a significant impact in the crypto trading landscape.