Token Mechanics

How RAIR tokens work

This is the official RAIR token ERC20 0x address. Please double check this matches your records https://basescan.org/token/0x2b0fFbF00388f9078d5512256c43B983BB805eF8

To keep the tokenomics simple and straightforward, the RAIR token is designed with only 2 primary functionalities.

• Burn model: Burning RAIR tokens for membership in the official RAIRprotocol DAO.

• Reward model: Performing onchain activities (Deploying and updating RAIR smart contracts) requires RAIR. Incentive system rewards early adoption and compensates open source development via a points earning model that will convert to fungibles post TGE.

How to License RAIRprotocol

RAIRprotocol is fully open source and free to use, extend, and modify. To make your copy of RAIRprotocol official, you'll need to mint a free license NFT.

To access higher tiers of benefits, you'll need to burn RAIR tokens to escalate to higher tiers of support and influence in the DAO. See Burn model section for full details.

Forking

While our token licensing system can be forked and bypassed, choosing to pay the RAIR tokens funds open source development, and ensures the officially verified smart smarts are used.

• Only wallets with valid license NFTs can collect rewards, and submit pull requests to the open repo.

• Projects bypassing the token code are in violation of the terms of use of the open source licensing agreement.