Basic Information
| Information | Details |
|---|---|
| Project Name | Rage Trade |
| Project Website | Rage Trade |
| Project Description | A decentralized perpetual and yield trading platform built on Ethereum and Layer 2 scaling solutions. |
| Project Ticker | RAGE |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | retoractive |
| Total Airdrop Amount | 6.5M RAGE tokens (6.5% of total supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | Not Known |
| Claiming Started | Auguest 15, 2024 |
| Claiming Ends | Not Known |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
The criteria for the airdrop are tied to user activity on the Rage Trade platform and its associated integrations, specifically:
V1 Users (4% of total supply) Likely refers to early users who interacted with Rage Trade’s Version 1 platform, including:
- Trading perpetuals
- Providing liquidity in vaults
- Staking assets like USDC or SGLP
While exact criteria (such as minimum trading volume, deposit amounts, or snapshot dates) haven’t been explicitly detailed, it’s common for such airdrops to reward users based on historical activity like trading volume, vault deposits, or time of engagement prior to a snapshot.
V2 Users (1.25% of total supply) Applies to users of Rage Trade’s Version 2 platform (v2perp), which was under development as of mid-2023. Eligibility likely involves similar activities (trading, staking, or liquidity provision) on the updated protocol.
- The smaller allocation suggests either a shorter eligibility window or fewer qualifying users compared to V1.
HyperliquidX OG Spot Traders (1.25% of total supply) Targets early spot traders on HyperliquidX, a platform Rage Trade has some integration or partnership with.
- “OG” implies original or early adopters, so eligibility might depend on trading activity on HyperliquidX before a specific cutoff date.
Vesting Terms:
- 3-month cliff + 3-month linear vesting
- Option for deflationary unlock:
- “Rage Quit”: Claim 40% upfront, burn remaining 60%
- Standard Vesting: Full vesting over 15-21 months
Important Links
- Official Announcement (Twitter)
- Tokenomics Documentation
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
Additional Information
- Deflationary unlock mechanism allows users to claim 40% of their tokens upfront while burning the remaining 60%, increasing community ownership.
- Standard vesting spans between 15 to 21 months, depending on user preference.
- The airdrop allocation is part of the overall 100M RAGE token supply.