Token Allocation
Learn more about the tokenomics of our project
The RepubliK Token ($RPK) is a multi-utility token that represents the entire value and ownership of the RepubliK Ecosystem. The $RPK is used for transactions, accessing monetized content and rewards on RepubliK. $RPK Token holders can also vote on governance decisions, receive token incentives and multipliers on their XP accumulation when they stake $RPK on RepubliK.
Total Supply of $RPK
The total supply of $RPK is 3,000,000,000, minted on ERC-20. To maintain the total supply of RPK under 3,000,000,000 when issuing $RPK on other chains, we have implemented a balancing reserve mechanism where equivalent tokens issued on chains such as Arbitrum (Mantle and TON still to come) are locked on the ERC-20 Token treasury.
Time Locked Smart Contracts:
In our unwavering commitment to on-chain transparency, we ensure that all locked $RPK tokens minted are released exclusively through meticulously designed time-locked smart contracts, and released as per the Token Release Schedule. To uphold the highest standards of security and reliability, these time-locked smart contracts have undergone thorough auditing by CertiK, a leading blockchain security firm. You can view the Audit Report here.
CEX Listings:
$RPK was listed on CEX’s including ByBit, KuCoin, Gate.io, MEXC and HTX in November 2023.
DEX Listings:
$RPK is currently available on Uniswap.
Token Release Schedule
Tokenomics
The platform allocation is structured to drive the growth of the RepubliK Ecosystem. All tokens in the platform will either be distributed to the community (through staking incentives or community rewards for interactions) or burned. All fees generated on the RepubliK platform are transferred and used to top up the platform allocation. Staking incentives, community rewards and token burn allocations are determined through community decisions by $RPK holders executed through RepubliK’s governance platform.
Tokens in Allocation: 1,140,000,000 RPK (38% of Total Supply)
Unlock Schedule: 5% Unlock at TGE followed by a 60-month Linear Unlock
Tokens dedicated to marketing, partnerships, and platform growth. These tokens will be used for strategic partnerships, marketing campaigns, community incentives, and other marketing related activities.
Tokens in Allocation: 300,000,000 RPK (10% of Total Supply)
Unlock Schedule: 5% Unlock at TGE followed by a 60-month Linear Unlock
Reserved for operational expenses, development, and ongoing project maintenance. These tokens will fund the project’s day-to-day operations, development, and ensure continuous innovation.
Tokens in Allocation: 600,000,000 RPK (20% of Total Supply)
Unlock Schedule: 5% Unlock at TGE followed by a 60-month Linear Unlock
Tokens that were allocated to Seed and Pre-seed round investors. RepubliK raised 6M USD from VC’s including: OKX Ventures, Fundamental Labs, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment Group, Signum Capital, Sora Ventures, and UOB Venture Management.
Tokens in Allocation: 360,000,000 RPK (12% of Total Supply) (300,000,000 RPK Allocated, 60,000,000 Unallocated)
Unlock Schedule: 15% Unlock at TGE, 36-month Linear Unlock
Tokens allocated towards Public Sale
Tokens in Allocation: 150,000,000 RPK (5% of Total Supply)
Unlock Schedule: 100% Unlock at TGE
This allocation is designed to reward and retain the core development team and other contributors.
Tokens in Allocation: 450,000,000 RPK (15% of Total Supply)
Unlock Schedule: 5% Unlock at TGE followed by a 60-month Linear Unlock