Rage Trade to List Its Native RAGE Token on Aug. 7

Rage Trade to List Its Native RAGE Token on Aug. 7

Rage Trade, a popular decentralized exchange (DEX) for perpetual futures, has announced plans to issue its native RAGE token on Aug. 7. A total of 20 million RAGE will be made available for purchase at a price of $0.30 each through a Fjord Foundry token sale. The tokens will be issued on the Hyperliquid blockchain. Rage Trade is a popular platform for derivatives trading and offers a wide range of features, including: - Low fees - High liquidity - A variety of trading pairs - Advanced charting tools The RAGE token will be used for a variety of purposes within the Rage Trade ecosystem, including: - Governance: RAGE holders will be able to vote on proposals that will shape the future of the platform. - Staking: RAGE holders will be able to stake their tokens to earn rewards. - Trading: RAGE will be used to pay for trading fees and to receive discounts on trading fees. The total supply of RAGE is 100 million tokens, with 20% allocated for the token sale and 30% for the community treasury. The remaining tokens will be used for a variety of purposes, including development and marketing. The Rage Trade team is excited about the launch of the RAGE token and believes that it will play a key role in the future growth of the platform.