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Home All Events Radiant Defi Initial Staking Offering

Date

Apr 24 2022
Expired!

TimePacific Time

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Apr 24 2022
  • Time: 5:00 pm

Status

Active

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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