Ecosystem Token Distribution

41.92% of total $RAAC supply is earmarked for the ecosystem.

Ecosystem distributions are done in $leRAAC. $leRAAC is RAAC’s fork of Clever’s clevCVX, a wrapper for $veRAAC. $leRAAC is described in more detail in the $leRAAC section.

• The amount of $leRAAC emitted per week is set upfront on a decaying schedule.

• The first 104 weeks, emissions remain constant

• Afterwards, they are reduced by 5% every 13 weeks, which sums up to approximately a 18.55% reduction per year

• Emissions run for a total of 780 weeks.

This results in the following emissions schedule:

Ecosystem distributions are frontloaded to kickstart protocol and treasury growth while providing a long-tail of emissions, giving RAAC time to become self-sustaining. After year 1, 15.58% of ecosystem tokens are distributed, 31.15% after year 2, and 44.88% after year 3.

$veRAAC holders decide where ecosystem distributions flow. $RAAC emissions are allocated to gauges based on the percentage of weekly votes gauges receive.

The actual circulating supply depends on multiple factors, including how $leRAAC holders use the mechanics, $veRAAC yield and $RAAC price, and therefore cannot be determined upfront.