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‎articles/about-rss3.html‎

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<!DOCTYPE html>
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<html lang="en">
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<head>
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<meta charset="UTF-8" />
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<meta name="viewport" content="width=device-width, initial-scale=1.0" />
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<title>About $RSS3</title>
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<meta
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name="description"
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content="An overview of why $RSS3 exists, how it coordinates the RSS3 ecosystem, and its total supply and allocation."
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/>
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<link rel="icon" href="../assets/logo.png" type="image/png" />
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<link rel="stylesheet" href="../styles.css" />
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</head>
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<body class="page--article">
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<a class="skip-link" href="#article">Skip to article</a>
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<div class="page-noise" aria-hidden="true"></div>
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<header class="site-header">
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<div class="wrap header-inner">
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<a class="brand" href="../index.html#hero" aria-label="RSS3 home">
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<img class="brand-mark" src="../assets/logo.png" alt="" aria-hidden="true" />
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<span class="brand-text">RSS3</span>
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</a>
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<nav class="site-nav" aria-label="Article">
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<a href="../index.html#rss3">$RSS3</a>
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<a href="../index.html#hero">Home</a>
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</nav>
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</div>
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</header>
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<main class="article-main">
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<section class="article-hero">
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<div class="wrap article-hero__inner">
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<p class="eyebrow">Token Essay</p>
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<h1>About $RSS3</h1>
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<p class="article-dek">
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Why the token exists, who keeps the ecosystem running, and how
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long-term allocation was structured from genesis onward.
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</p>
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</div>
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</section>
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<section id="article" class="article-shell">
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<div class="wrap">
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<article class="article-content">
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<p>
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$RSS3 is the native token of the RSS3 ecosystem. It was
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introduced as a coordination layer for the network: a link to
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connect infrastructure, participation, and ecosystem growth.
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</p>
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<p>
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RSSHub makes open information accessible. Folo makes it usable in
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everyday life. Together, they are key parts of the ecosystem. But
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products alone are not enough to sustain an open information
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system.
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</p>
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<p>
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This ecosystem depends on many different roles. Some people
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maintain routes so data keeps flowing. Some operate instances that
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keep infrastructure running. Developers build applications and
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protocols on top. Others organize information into usable forms.
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Users create demand through reading, subscribing, filtering, and
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engaging with what they find valuable.
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</p>
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<p>
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All of this activity moves the system forward. But the value it
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generates tends to gather at a few points, usually at the
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application layer. The people who keep the underlying
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infrastructure alive are rarely the ones who benefit from the
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growth that happens above it. Over time, maintenance slows down,
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infrastructure becomes less reliable, and the system weakens. This
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was a structural problem in the original RSS ecosystem. It proved
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that open information could reach massive scale, but it had no
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structure to sustain itself.
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</p>
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<p>This is the problem $RSS3 is designed to address.</p>
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<p>
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The RSS3 ecosystem already leaves a visible record of the work
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that keeps it running. Route maintenance can be tracked. Instance
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uptime can be measured. Application usage and protocol activity
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can also be seen. That makes it possible to build a shared layer
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across RSSHub, Folo, and the protocols and applications growing
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around them, so the people who sustain the ecosystem can also
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participate in the value it creates.
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</p>
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<p>
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Over time, $RSS3 will be integrated into both existing and future
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products across the ecosystem. RSSHub and Folo are the first
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places this begins. As new products are introduced, they can
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become part of the same system as well. The specific forms of
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integration will follow the pace of product development.
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</p>
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<p>
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The principle is straightforward: open information infrastructure
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should be sustainable, and the people who build and maintain it
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should share in what it creates.
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</p>
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<h2>A recap on Total Supply and Allocation</h2>
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<p>1,000,000,000 $RSS3 tokens were created at genesis on Feb 12th, 2022.</p>
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<figure>
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<img
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src="https://a-us.storyblok.com/f/1018186/2600x1420/d222427937/total-supply.png"
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alt="Total supply allocation chart for RSS3"
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/>
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</figure>
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<h2>5-Year Circulating Supply</h2>
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<p>
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The majority of the $RSS3 tokens were subject to long-term
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lockups. All vesting schedules have been completed. Details are as
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follows:
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</p>
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<figure>
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<img
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src="https://a-us.storyblok.com/f/1018186/2600x1420/01e1e3e2cb/circulating-supply.png"
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alt="Five-year circulating supply chart for RSS3"
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/>
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</figure>
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<div class="table-wrap">
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<table>
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<thead>
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<tr>
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<th>Allocation</th>
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<th>Percentage</th>
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<th>Vesting</th>
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</tr>
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</thead>
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<tbody>
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<tr>
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<td>Seed Round</td>
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<td>4.6%</td>
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<td>12-month cliff, 24-month linear release</td>
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</tr>
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<tr>
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<td>Private Sale</td>
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<td>10%</td>
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<td>12-month cliff, 18-month linear</td>
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</tr>
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<tr>
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<td>Public Sale</td>
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<td>5%</td>
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<td>All unlocked with TGE</td>
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</tr>
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<tr>
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<td>Early Incentive</td>
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<td>10%</td>
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<td>2% unlocked with TGE, 8% linear unlocked within 12 months</td>
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</tr>
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<tr>
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<td>Team</td>
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<td>15.4%</td>
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<td>12-month cliff, 36-month linear</td>
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</tr>
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<tr>
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<td>Natural Selection Labs</td>
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<td>5%</td>
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<td>12-month cliff, 24-month linear</td>
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</tr>
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<tr>
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<td>Advisor</td>
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<td>1%</td>
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<td>12-month linear</td>
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</tr>
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<tr>
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<td>Ecosystem</td>
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<td>32%</td>
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<td>2% unlocked with TGE, 12-month cliff, then 48-month linear</td>
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</tr>
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<tr>
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<td>Foundation</td>
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<td>15%</td>
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<td>12-month cliff, 48-month linear</td>
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</tr>
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<tr>
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<td>Partnerships</td>
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<td>2%</td>
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<td>12-month cliff, 36-month linear</td>
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</tr>
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</tbody>
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</table>
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</div>
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<ul class="article-detail-list">
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<li>
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<strong>Seed Investors</strong>
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Seed investors are those who backed us from the very beginning.
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Their purchase price was $0.04 per $RSS3. These tokens had a
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12-month cliff and then a 24-month linear unlock.
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</li>
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<li>
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<strong>Private Token Sale</strong>
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Private token sale participants have purchase prices ranging
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from $0.06 to $0.15. These tokens had a 12-month cliff and then
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an 18-month linear unlock.
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</li>
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<li>
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<strong>Public Token Sale</strong>
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5% are tokens from public sales during the TGE. Tokens are
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unlocked immediately.
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</li>
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<li>
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<strong>Early Incentives</strong>
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10% are early incentives. 2% were airdropped to existing users
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in the RSS3 ecosystem 1 month after the TGE. The remaining had
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a 12-month linear unlock, which was used as incentives toward
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various stakeholders such as active users, ecosystem app
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developers, and Testnet Node Operators.
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</li>
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<li>
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<strong>Team</strong>
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Those existing and future crews of RSS3 are allocated about 15%
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of all the tokens. These tokens will be unlocked after a
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12-month cliff with a 36-month vesting period.
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</li>
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<li>
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<strong>Natural Selection Labs</strong>
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Natural Selection Labs is the equity company that initiated the
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RSS3 project. It is granted 5% of all the tokens with a vesting
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period of 24 months after a 12-month cliff.
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</li>
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<li>
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<strong>Advisors</strong>
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There have been lots of people who helped the RSS3 project from
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its infancy. In total, 1% of all the tokens are granted to
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those advisors with a 12-month linear vesting period.
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</li>
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<li>
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<strong>Ecosystem</strong>
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2% were unlocked after LBP, where the initial liquidity pool on
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Uniswap came from afterward. The remainder was subject to a
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12-month cliff before a 48-month linear unlock.
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</li>
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<li>
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<strong>Foundation</strong>
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The foundation is set to support the long-term development of
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the project. These tokens had a 12-month cliff followed by a
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48-month linear unlock.
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</li>
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</ul>
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</article>
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</div>
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</section>
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</main>
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<footer class="site-footer">
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<div class="wrap footer-inner">
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<div class="footer-copy">
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<p>RSS3</p>
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<p>Open information, rebuilt with care.</p>
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</div>
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<div class="footer-socials" aria-label="Social media">
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<a class="social-link" href="https://github.com/RSSNext" target="_blank" rel="noreferrer" aria-label="RSS3 on GitHub">
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<span class="social-link__icon" aria-hidden="true">
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<svg viewBox="0 0 24 24" focusable="false">
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<path
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fill="currentColor"
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d="M12 1.5a10.5 10.5 0 0 0-3.32 20.46c.53.1.72-.22.72-.5v-1.94c-2.93.64-3.55-1.24-3.55-1.24-.48-1.2-1.16-1.52-1.16-1.52-.95-.65.07-.64.07-.64 1.05.08 1.6 1.08 1.6 1.08.93 1.6 2.45 1.14 3.05.87.09-.67.36-1.14.66-1.41-2.34-.27-4.81-1.17-4.81-5.2 0-1.15.41-2.1 1.08-2.84-.11-.27-.47-1.37.1-2.86 0 0 .88-.28 2.89 1.08a10.02 10.02 0 0 1 5.26 0c2.01-1.36 2.89-1.08 2.89-1.08.57 1.49.21 2.59.1 2.86.67.74 1.08 1.69 1.08 2.84 0 4.04-2.48 4.92-4.84 5.19.37.32.7.96.7 1.94v2.88c0 .28.19.61.73.5A10.5 10.5 0 0 0 12 1.5Z"
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/>
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</svg>
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</span>
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<span>GitHub</span>
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</a>
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<a class="social-link" href="https://x.com/rss3_" target="_blank" rel="noreferrer" aria-label="RSS3 on X">
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<span class="social-link__icon" aria-hidden="true">
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<svg viewBox="0 0 24 24" focusable="false">
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<path
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fill="currentColor"
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d="M18.9 2.25H22l-6.78 7.74L23.2 21.75h-6.24l-4.9-6.92-6.05 6.92H2.9l7.25-8.29L.8 2.25h6.4l4.43 6.27 5.48-6.27Zm-1.1 17.62h1.72L6.25 4.03H4.4l13.4 15.84Z"
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/>
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</svg>
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</span>
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<span>Twitter</span>
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</a>
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<a class="social-link" href="mailto:contact@rss3.io" aria-label="Email RSS3">
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<span class="social-link__icon" aria-hidden="true">
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<svg viewBox="0 0 24 24" focusable="false">
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<path
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fill="currentColor"
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d="M3 5.25A2.25 2.25 0 0 1 5.25 3h13.5A2.25 2.25 0 0 1 21 5.25v13.5A2.25 2.25 0 0 1 18.75 21H5.25A2.25 2.25 0 0 1 3 18.75V5.25Zm2.06.39 6.43 5.36a.75.75 0 0 0 .96 0l6.43-5.36a.75.75 0 0 0-.48-.14H5.54a.75.75 0 0 0-.48.14Zm14.44 1.32-5.57 4.64a2.25 2.25 0 0 1-2.88 0L5.5 6.96v11.79c0 .41.34.75.75.75h12.5c.41 0 .75-.34.75-.75V6.96Z"
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/>
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</svg>
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</span>
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<span>contact@rss3.io</span>
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</a>
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</div>
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</div>
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</footer>
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</body>
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</html>

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