Ritual went live on mainnet today, and the token page says 18% of RITUAL is unlocked at launch. That is 1.8B tokens out of a 10B initial supply. Coinbase listed RITUAL-USD for today too, with trading opening once liquidity conditions are met.
The part worth reading twice is where that 1.8B sits. 1.25B comes from the Ecosystem Growth + R&D bucket and 500M from the Ritual Foundation treasury. The community airdrop to node operators, Frenrug users and long-time members is 50M tokens, 0.5% of supply, fully unlocked.
So 97% of the day-one float is held by the project side, not by airdrop farmers. If you are trying to read sell pressure this week, the airdrop wallets are the small story. Foundation and ecosystem wallets moving to exchanges would be the big one.
The other 8.2B is locked. Core contributors (29%) and Labs investors (11.3%) wait at least a year, and the last tokens unlock four years after launch. Supply has no cap either: about 5% yearly issuance, partly offset by base-fee burns.
Before you trade the listing, check the float math, not just the chart.
$RITUAL
#Ritual #Tokenomics
NFA. DYOR.
The part worth reading twice is where that 1.8B sits. 1.25B comes from the Ecosystem Growth + R&D bucket and 500M from the Ritual Foundation treasury. The community airdrop to node operators, Frenrug users and long-time members is 50M tokens, 0.5% of supply, fully unlocked.
So 97% of the day-one float is held by the project side, not by airdrop farmers. If you are trying to read sell pressure this week, the airdrop wallets are the small story. Foundation and ecosystem wallets moving to exchanges would be the big one.
The other 8.2B is locked. Core contributors (29%) and Labs investors (11.3%) wait at least a year, and the last tokens unlock four years after launch. Supply has no cap either: about 5% yearly issuance, partly offset by base-fee burns.
Before you trade the listing, check the float math, not just the chart.
$RITUAL
#Ritual #Tokenomics
NFA. DYOR.
