Tokenomics Structure
RibbleChain’s tokenomics are engineered to fuel a thriving ecosystem, rewarding participants and ensuring long-term sustainability through $XRB, the native token. This section details the $XRB supply, distribution, and its pivotal role in the network.
$XRB Token Overview
- Symbol: $XRB
- Total Supply: 5 billion $XRB
- Decimals: 18
Token Distribution
The 5 billion $XRB supply is allocated as follows:
| Target | Supply | Pool (%) | Cliff | Vesting |
|---|---|---|---|---|
| ICO (4 rounds) | 2,000,000,000 $XRB | 40% | 3 months | 30 months |
| Staking & Validator | 2,000,000,000 $XRB | 40% | 0 | Gradual staking release |
| Team | 400,000,000 $XRB | 8% | 24 months | 36 months |
| Advisor & Partner | 250,000,000 $XRB | 5% | 6 months | 24 months |
| Airdrop | 200,000,000 $XRB | 4% | 0 | Unlock 100% |
| Treasury | 150,000,000 $XRB | 3% | 3 months | Gradual release as needed (up to 36 months) |
- ICO (4 rounds): Funds ecosystem growth with a 3-month cliff and 30-month vesting.
- Staking & Validator: Secures the network with immediate release and gradual staking incentives (see Staking Tokens).
- Team: Locked for 24 months with a 36-month vesting to align incentives.
- Advisor & Partner: Supports partnerships with a 6-month cliff and 24-month vesting.
- Airdrop: Immediate unlock to reward early adopters and boost community engagement.
- Treasury: Managed by the DAO for flexible funding, with a 3-month cliff and up to 36-month release.
Token Utility
$XRB is the lifeblood of RibbleChain:
- Fees: Pay transaction fees on L1 and L3 rollups (gasless via account abstraction—see Gasless Transactions).
- Staking: Earn rewards by securing the network (see Staking Rewards).
- Governance: Vote on proposals via the DAO (see Voting).
- Cross-Chain: Fuel bridge fees for interoperability (see Transferring Assets).
- dApp Economy: Power GameFi, SocialFi, and DeFi interactions (see Using dApps).
Token Burning
- Fee Mechanism: 20% of L1 and L3 fees are burned to reduce $XRB supply over time.
- Deflationary Design: Burning creates scarcity, potentially increasing $XRB value for holders.
- Rollup Contribution: A portion of rollup fees supports this burn, aligning ecosystem growth with token economics.
Best Practices
- Stake Strategically: Use the gradual staking release to maximize rewards.
- Participate: Engage in airdrops and governance to benefit from $XRB distribution.
- Long-Term Vision: Hold $XRB to capitalize on deflationary pressure and ecosystem expansion.
Next Steps
- Learn about Fee Sharing.
- Explore Restaking.
- Join the Community DAO.