In June 2021, Rocket Protocol 1.5 was renamed Rangers Protocol and underwent a comprehensive brand upgrade. After a great deal of business practices and market research, the team, unfortunately, tracked down that the blockchain business is as yet in its early stages. It isn't just infrastructure and standard conventions that restrict large-scale multi-person decentralized applications from entering the fast track of development, yet additionally new businesses. Models, wide market acceptance and large-scale movement of user propensities, and numerous other elements.
Rangers Protocol Gas (RPG)
RPG (Rangers Protocol Gas) is the Rangers Protocol ecosystem token, with a complete inventory of 21 million pieces. RPG is the native token of Rangers Protocol. There are likewise RPG tokens issued on ERC20 and BEP20 design. In the economic system of Rangers Protocol, ecological nodes that generate blocks are divided into proposition and verification nodes. This system takes on an open cooperation mechanism, permitting all registered users to participate in the system's operation
Design Principles
Technically, Rangers Protocol implements parallel figuring through VRF irregular election + BLS signature algorithm and introduces high-concurrency coordinated effort and preprocessing technologies in distributed systems. People prefer it to Bitcoin in terms of decentralization. In Bitcoin general network-compatible devices, rather than customized professional devices, can become nodes. In terms of security, VRF really arbitrary numbers select gatherings to ensure that the functioning gathering is unique at a certain altitude. The periodic Check Point mechanism ensures that the square information is "conclusive." It eliminates problems like long-range assaults and private mining. In terms of design, the token economy system should create real value for each user and encourage users to increase their usefulness which makes Rangers Protocol designed the Protocol Principle and Transparency Principle. Convention Principle: an excellent economic system relies on convention behavior and economic incentives rather than lengthy procedures and coercive measures. Transparency Principle: the system can have a centralized design, however the black box ought to be eliminated however much as could reasonably be expected
RPG Economic Circulation
Tokens will circulate among our customers, pioneers, investors, and ecological nodes. In the first place, Rangers Protocol will be connected to significant stages and encourage developers to develop, distribute, and operate their applications based on Rangers Protocol. Secondly, Rangers Protocol has already designed the tokens purchase and stake mechanism, which means developers need to purchase and swap tokens to use Rangers Protocol. When users experience applications deployed on Rangers Protocol, they additionally need to purchase and consume tokens. Take as an example, they can pay tokens to app developers. With the ecosystem's expansion, the token will then continue to increase in value arithmetically or exponentially. More and more token holders and more ecological nodes will make it an ethical economic cycle.
Specific Content
Investors (10%): Equal open (guarantee) each day. Token designation for investors will be completely unlocked inside 400 days.
The core team (14%): core developers and maintainers, 8% of the remaining sum is released every 180 days
Hatcheries and advisors (7%): Incubators and strategic partners, 8% of the remaining sum is released every 180 days
Ecological people group (49%): 8% of the remaining sum is released every 180 days, the ecological local area is divided into the proposition and ecological nodes
• Proposal nodes (35%): join through RPG-marking election and provide special hardware
• Verification nodes (14%): stake RPG, and provide required hardware
- Ecological asset (20%): The unused sum is locked, local area casting a ballot will be held, and relevant announcements made on the establishment website upon use
• Market Operation (8%): DAO mechanism approves recommendations based on local area casting a ballot
• Developers (7%): Grant mechanism distributes rewards to local area members based on commitment,
• Market Value Management CEX (2%)
• DEX Liquidity (1%)
• KOL (0.83%)
• Liquidity Rewards (0.67%)
• IDO (0.5%)
- Treasury (0%): reward and penalty pool, powerfully balanced during operation, the value can be adjusted by local area casting a ballot • Slash mechanism: punishment based on the security threat level • Taxation mechanism: service fees for middle layer conventions and upper-layer applications
For more information about the project
WEBSITE: https://rangersprotocol.com/
WHITEPAPER: https://www.rangersprotocol.com/pdf/RangersProtocolWhitepaper.pdf
FACEBOOK: https://www.facebook.com/Rangers.Protocol
TWITTER: https://twitter.com/rangersprotocol
TELEGRAM: https://t.me/RangersProtocolAnnouncement
Discord : https://discord.com/invite/2VtwvqDKUF
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