Radiant Defi Initial Staking Offering

Nodes project with an initial yield farm to generate the protocol’s tokens.

The ISO will being between 9 and 10pm UTC.

DETAILS

• 25000 RAYS / second, distributed as follows:
  • 1000 RAYS / second to the farms
  • 1000 RAYS / second to the NFT staking rewards pool
  • 250 RAYS / second to the treasury
  • 250 RAYS / second to operations
• Emissions will “scale back” during the ISO and they say the will announce emission reductions in Discord
• The ISO will last approximately 3 weeks
• Docs indicate “Vault Fees” will be charged during the ISO, but they are not specified
• RAYS target total supply: 1,000,000,000
  • 40% to farming rewards
  • 40% to yield wallet
  • 10% to the treasury
  • 10% to operations
• RAYS can only be obtained during the genesis farms and ISO, or purchased on SpiritSwap after the ISO concludes
• xRAYS total supply: 10,000,000
  • There may be a transfer tax, claim tax and maximum number of xRAYS one can hold, docs say these items are TBA
• xRAYS can only be purchased with RAYS LPs, and are used to mint Supernova Collection NFTs
• Nebula Collection NFTs
  • Price: 10,000 RAYS
  • Generates 50 RAYS / day
• Sun Collection NFTs
  • Price: 10 Nebulas
  • Generates 1000 RAYS / day
• Supernova Collection NFTs
  • Price: TBA
  • Generates TBA xRAYS / day
• Pulsar Collection NFTs
  • Price: TBA
  • Generates TBA RAYS / day

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