Ended 15 Jun 2022
27 Watchlists
Status
Ended 15 Jun 2022
$ 550.00K
Contracts/Explorers:
Ethereum
Funds and Backers
Wallets
No wallets found yet
Ruby.Exchange is the foremost AMM on SKALE V2, a zero-gas, high-throughput multichain solution for Ethereum.
IDO
13 Jun — 15 Jun 2022
Raised
$ 550.00K
Price:
$ 0.250
Tokens For Sale:
2,200,000
Platform:
N/A
Lock-up:
No lockup
Ruby.Exchange is the foremost AMM on SKALE V2, a zero-gas, high-throughput multichain solution for Ethereum. Ruby delivers a gamified user experience for traders and liquidity providers by integrating NFTs: Generative gemstones that embody financial and practical utility as well as artistic value. Ruby's gemstones are designed to offer real financial utility and valuable perks to different categories of exchange users. For these first NFTs, rewards ultimately derive from the commission fees Ruby's AMMs charge to traders, and the way these are allocated to different stakeholders.
Building on SKALE, an emerging and exciting multichain solution for Ethereum, allows Ruby.Exchange to create a completely new kind of user experience that addresses all of these concerns. Key functionality includes:
The RUBY token will combine the attributes of a governance token with additional utility that will benefit everyone within the Ruby.Exchange ecosystem. NFT raffles, staking of LP rewards, and burning a portion of trading fees and raffle entry fees will play a pivotal role in offsetting the impact of new supply in the form of farming rewards. Alongside Ruby's other advantages such as zero gas fees, a fast bridge, NFT-powered rewards, and a feature-rich UX, we expect these attractive tokenomics to appeal to a wide cross-section of the DeFi community.
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