RAN Token Details

Name: RAN Token

Symbol: RAN

Type: BEP-20

Network: BNB Smart Chain (BSC)

Supply: Non-inflationary

RAN is the Rank platform’s utility token. The primary purpose of the RAN token is to allow users to invest in any of the Strats available. A peer will need the token in order to activate his investment, implementing a fee in RAN which will generate revenue for the platform and the overall ecosystem. As more fees are generated, the value of the RAN token will increase automatically since peers without RAN will have to swap their cryptos in any of our liquidity pools, creating a healthy buying pressure and an instant price increase after each swap.

The underlying asset for each Strat might be different than RAN (for example, USDT), however a RAN fee will always be necessary in order to both create the Strat initially (by the trader) and invest into it (by the investing peer). The great advantage of tokenization is that by simply owning the Rank token,peers will automatically share part of the overall platform value in direct proportion to how much RAN one may have. As more and more users participate in Rank, more fees will be generated for the platform, systematically increasing the overall platform value. The plan is to mint 1 billion tokens without any inflation or further minting techniques (such as minting on demand).

Additionally, those that hold RAN are provided the opportunity to interact with the protocol further via incentivizing liquidity providers, increasing rewards and staking:

• Incentivizing liquidity providers: Holders of RAN may deposit LP tokens in the farm in exchange for rewards over time.

• Staking: RAN holders may stake RAN to earn a portion of fees generated by the platform.