Renegade Whitepaper
  • A word from the founder
  • The Challenges Facing Traditional Financial Markets
    • Financial Markets
  • Renegade - bridging the gap
    • Cryptocurrencies vs. traditional financial markets
    • Limited global availability
  • Mission
    • Accelerate the World’s Transition to Cryptocurrency
  • Vision
    • Cryptocurrency for everyone.
  • Future of the Internet - Web3
  • The challenges currently facing cryptocurrency exchanges
    • Insufficient compliance
    • Isolation from traditional banking
    • Trading fees
  • Issues with cryptocurrency wallets at present
    • Asset safety
  • Banking challenges with cryptocurrencies
    • Limited accessibility
  • Challenge Identification and Our Approach
    • Principal Obstacles in Promoting Cryptocurrency Adoption
    • Our Approach
  • Renegade Payment Solutions
    • RenegadePay
    • Unique Selling Proposition
  • The Renegade App
    • User Experience
      • Buy & Sell Crypto
      • Send & Withdraw Crypto
      • Manage the Visa Card
      • Track Crypto
    • Traditional Banking
    • Currency Exchange
    • Security
      • Secure Wallets
      • Two-Factor Authentication (2FA)
      • Biometric Authentication
      • Encryption
      • Suspicious Activity Monitoring
      • Instant Notifications
    • Renegade Wallets
      • Our Offering
      • Custodial
      • Non-custodial
    • Renegade Lend
  • Renegade’s Business Model
    • Renegade Exchange
      • Our Offering
    • User Experience
      • Spot Trading
      • Margin Trading
      • Derivatives Trading
      • Staking Benefits
        • Fixed Stake-and-Earn
        • Flexible Staking
      • Other Features & Promotions
    • Revenue streams
      • Transaction fees
      • Exchange fees
      • Renegade Lend
      • Future revenue streams
  • Visa Card
    • The Renegade Reward System
    • The Renegade Squad
    • Renegade Squad Points (RSP)
      • How To Earn Squad Points
        • Staking RNG
      • How To Use Renegade Squad Points
        • Reward %
        • Reward Cap
        • The Renegade Benefits
    • The Founders Editon
      • Founders Cards
      • Founders NFTs
  • The Renegade Tokenomics
    • Tokenomics
      • Token Information
      • Token Distribution
    • Token Utility
  • Company Background
  • Status Quo Renegade
  • Links
    • Twitter/X
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  1. The Renegade Tokenomics
  2. Tokenomics

Token Distribution

by 15. August 2023

Percentage of Supply

Total RNG

Token Granted

Vesting Schedule

Treasury

38,41%

3.841.000.000

0

Monthly unlocks for 50 month

Team

15,00%

1.500.000.000

209.999.997

All tokens shall vest on a pro rata (5% unvested every month for the first 12 month. 10% unvested for the last 4 month) basis monthly over a 16 month period. Cliff Period of 12 month

Advisors

5,00%

500.000.000

0

All tokens shall vest on a pro rata (5% unvested every month for the first 12 month. 10% unvested for the last 4 month) basis monthly over a 16 month period.

Rewards for Card payments

10,00%

1.000.000.000

0

Unlocked at crypto integration

Liquidity

15,00%

1.500.000.000

0

Monthly unlocks for 20 months

Pre-sale Rounds

16,59%

1.659.000.000

1.204.543.354.7

6 Months vesting with linearly monthly unlocks

Total

100%

10.000.000.000

1.414.543.351.7

*The token distribution of the Renegade token is subject to change over time.

Treasury: Renegade's treasury allocation ensures our project remains financially resilient and adaptable. This reserve allows us to fund new developments, strike strategic partnerships, continuously provide rewards when required, and meet unexpected needs, ensuring that Renegade continues to deliver.

Team: The Team's allocation recognizes the passion, dedication, and countless hours our core members invest in bringing Renegade's vision to life. By vesting these tokens, we're not only rewarding their efforts but also reinforcing a long-term commitment to the project's success.

Advisors: Our advisors are more than just consultants, they are an integral part of our growth and strategic direction. Allocating tokens to them isn't just compensation; it's a testament to their ongoing value, ensuring their insights and expertise remain interwoven with Renegade's journey.

Rewards for Card Payments: This allocation is for our in-app rewards programme. The tokens will be given when the rewards are granted.

Liquidity: To facilitate seamless trading of the Renegade token, we have dedicated a substantial liquidity allocation to exchanges. This commitment not only ensures our users can execute trades efficiently on external platforms but also guarantees uninterrupted in-app transactions and availability of the RNG token.

Pre-sale Rounds: The Renegade pre-sale rounds have presented and will continue to offer a unique and timely opportunity for discerning investors to get on board at a favourable rate until they are all closed. By investing during these stages, participants not only benefit from preferential pricing but also become foundational supporters of the Renegade project.

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Last updated 6 months ago