$Rug Token /Tokenomics

$RUG is the currency of exchange within the RugRadio ecosystem.

Claim your $RUG Tokens
$RUG is a pure utility token which means it’s specifically designed to be used within the RugRadio ecosystem.

It will also hold future exchange value within the RugNetwork on new projects developed by the DAO.

ECOSYSTEM ECONOMY

Every Genesis NFT you hold will produce $RUG tokens. The longer that you hold your utility NFT, the more tokens you will receive.

$RUG token works on a slow release cadence, meaning it will take 5 years for all the $RUG to be trading in the marketplace.

255,000,000 $RUG will be produced over 5 years
$RUG will only be produced by the Utility NFT
A utility NFT will yield between 1800-4500 tokens per year (depending on rarity)
1,800 $RUG earn you 1 $RDAO

$RUG AND RUG RADIO NFTS

$RUG is a pure utility token which means it’s specifically designed to be used within the RugRadio ecosystem.

It will also hold future exchange value within the RugNetwork on new projects developed by the DAO.

$RUG - RUG
TOKEN

$RUG is the key currency of exchange within the Rug Radio ecosystem.

$RUG is a pure utility token which means it’s specifically designed to be used within the RugRadio ecosystem. You can think of $RUG like an in game currency - something that offers you a token of exchange for other offerings and utility the better your experience of Rug Radio.

Over time $RUG will have many different utilities that will range from fun things like merch and access into exciting experiences. Right now, upon launch the first utility of the $RUG token is to allow our NFT membership and token hodlers the ability to gain access to the RugDAO. Below is a little more detail about the $RUG Token.

TOTAL SUPPLY

255,000,000 released daily over a 5 year period

NFT Holders & Hosts

$RUG is produced via the RugRadio Genesis NFT, which yields a set amount of $RUG token every day. The amount varies depending on the rarity of the genesis NFT.

RugBank

The RugBank also holds a special one of one RugRadio Genesis NFT which yields an additional 10% of the total daily production of $RUG token, which is then used in the ecosystems for hosts, projects and other utilities.

Host & Creators

The first utility of $RUG is entrance into the RugDAO. Members can swap 1800 $RUG for 1 $RDAO token which gives them governance participation rights in the RugDAO.

NFT Holders & Hosts

$RUG is produced via the RugRadio Genesis NFT, which yields a set amount of $RUG token every day. The amount varies depending on the rarity of the genesis NFT.

RugBank

The RugBank also holds a special one of one RugRadio Genesis NFT which yields an additional 10% of the total daily production of $RUG token, which is then used in the ecosystems for hosts, projects and other utilities.

Hosts & Creators

The first utility of $RUG is entrance into the RugDAO. Members can swap 1800 $RUG for 1 $RDAO token which gives them governance participation rights in the RugDAO.

KEEP UP WITH 
RUG RADIO

Rug Radio is the first fully decentralized media platform.
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