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  • 2 days ago
In this video, we'll explore the key principles behind $RAGE, Rage Trade's commitment to community ownership, and the unique "Rage Quit" feature that adds deflationary pressure to the token. We'll also cover the strategic airdrop plan targeting dedicated trading communities and provide a comprehensive overview of the $RAGE token distribution and vesting schedules.
Transcript
00:00what's up guys welcome back to the channel in today's video i want to give you an update a
00:07very important update at that i'm talking about none other than rage trade if you've been following
00:14this channel then you know i did a full review of the platform before but now after two years of
00:21building rage trade the team is now launching the rage token which is the r-a-g-e that's the token
00:28ticker on hyperliquid and over the past years these guys have been quite early on a few things
00:36in defi in fact and what i really like about the project is the fact that they have quite a sound
00:44product in terms of they started building perps before any on-chain perp had any real volume and
00:54obviously they've continued to thrive and make some great achievements in the space like building
01:02real yield vaults using perps like gmx because they saw that dollars live in crypto post ftx collapse
01:11for the risk-free yield on treasuries was something that was captivating in the market and now
01:19uh athena labs obviously has uh uh spearheaded this concept and uh they've actually been able to
01:26kind of billions of dollars in tvl but now they're taking another bet a big bet at that on hyperliquid
01:34hyperliquid has two things uh that actually drove the team to start building a day because they have a
01:41world-class product with real users and also an ecosystem that is unencumbered by insiders
01:49so now that they are actually announcing their rage token it's uh going to be something special
01:56and i don't want you guys to miss out on anything this is why i'm doing this video today because
02:03they're introducing this token which has three key principles at its core community ownership meaning
02:10that they're prioritizing the community over the team of investors and they have something called the
02:16rage quit option which just allows an exit for early uh vesting participants and also an airdropper
02:24dedicated to specific communities to reward loyal traders and active traders so one thing i like
02:33about uh rage is the fact that like i said they're really community centric if you are all about the
02:40decentralization movement then this is one you want to watch all the way to the end make sure you hit that
02:45like button subscribe to the channel and let's get right into the business when it comes to community
02:51ownership from day one rage trade is ensuring that the community has significant ownership in the
02:58project so the breakdown is 41.5 percent through the public sale hyperliquid uh hyperliquidity the airdrop
03:07ends incentives is what they're allocating they're also allocating uh a portion to the team and
03:14investors of 28.5 percent and then uh 30 percent to the treasury which is uh governed by the uh holders
03:23of the token so rage quit option is quite interesting because they're recognizing the dynamic nature of
03:29these token investments rage trade is actually offering a unique rage quit feature which allows
03:35invested participants to exit early by receiving 40 percent of their tokens up front while burning the
03:43remaining 60 percent this burn mechanism effectively increases ownership of stake of other token holders
03:52adding deflationary pressure as well the airdrop strategy is quite unique they acknowledge and reward
03:59uh dedicated uh users and key community influencers the airdrop will target a rage of v1
04:05users 4 goes to them v2 uses a 1.25 then hyperliquid og sport traders get a 1.25 airdrop allocation
04:18when it comes to the tokenomics of a rage a token the supply is 100 million which is quite decent i like
04:27that because a lot of the newer projects are actually really having quite a big token supply
04:34the distribution token sales 35 percent community treasury is 30 percent the team 15 percent private
04:42purchases at 13.5 percent and the airdrop 6.5 percent the vesting schedules the token sales 100 percent
04:50unlock at tge community treasury is a 12-month cliff plus a 24-month linear vesting team with also
05:01a 12-month cliff with a 24-month linear vesting and the private investors a 3-month cliff with 15 to 21 months
05:10linear vesting and then the airdrop is a 3-month cliff with 3-month linear vesting when it comes to the
05:17deflationary unlock options it's quite interesting participants have two options rage quick which you can receive
05:2440 up front and bend the remaining 60 standard vesting which you can receive 100 of the tokens over
05:30a 15 to 21 month period the launch phases rage token will launch and will be conducted in those two phases
05:39the token sale on the foundry and a token generation event on hyperliquid which will seed hyperliquidity
05:50ensuring uh permanent non-custodial liquidity rage trade as a platform is something that everybody
05:58should really get hip to why do i say that like i said before they operate a multi-chain perp swap
06:04aggregator comparable to um like one inch but for perps spanning across the various uh compatible chains
06:13evm layer 2s layer 1s app chains and even solana key features including aggregated liquid liquidity
06:20which means that uh pool was uh the pool's liquidity from uh the most popular perp uh trading platforms is
06:29how they actually pull that liquidity they have optimal routing which ensures that you get the best
06:34prices the best funding rates and also the lowest fees and token rebates at the same time enhanced
06:41bridging is a key feature where they're facilitating smooth asset transfers across multiple chains unified
06:48referral links are available and applicable to all supported platforms they have also great metrics as
06:55far as what they've achieved total volume going all the way to about 750 80 million plus aggregated
07:03platforms about six uh total assets 154 thereabouts in total users almost uh hitting the uh uh 5k mark
07:14the just over 4 000 notable integrations as well hyper liquid gmx v2 dxdy v4 gmx v1 wevo and synthetics v2
07:28and obviously when you look at the uh investors and the supporters of this whole project cms uh okx ventures
07:37uh robot ventures primitive ventures chronos the uh crypto hedge fund it's uh quite interesting and like i
07:44said the token uh sale is coming to you very soon a public sale price it's gonna be 30 cents market cap
07:53about 10.5 mil a fully diluted valuation about 30 million circulating supply 35 million rage so when
08:02it comes to the rage a token sale this is something that really kind of embodies that community first
08:08approach offering innovative tokenomics deflationary mechanisms to announce uh your user participation and
08:16also just your ownership okay so by leveraging the unique rage quit feature you are able to also
08:25uh have that flexibility and also you know targeting dedicated trading communities through
08:30their strategic airdrops is something quite uh intelligent as well and then they're positioning
08:36themselves as a pioneering force in the multi-chain pip trade ecosystem with their robust support from
08:43the leading investors and a comprehensive launch strategy that i've just given you some details on
08:49i think a rage token r-a-g-e is said to make a significant impact in the crypto trading landscape
08:58let me know what you guys think if you want a little bit more information about rage check out
09:02my previous video go to our main site and check out the review but i implore you to go follow these guys
09:08on the x and uh go check out the website go play around with uh everything that they go got going on
09:16and make sure you're actively using a rage and stack up on them rage tokens and let's get it rage to the
09:26moon baby like share subscribe turn on the notification bell i will see you guys in the next video peace
09:38peace

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