PANews reported on December 19th that RateX, the Solana ecosystem revenue trading protocol, announced the economics of its RTX token. The total supply is 100 million tokens, with 44.18% allocated to the ecosystem and community, 20% to the team, 20% to the treasury, and 15.82% to investors. Of the 44.18% allocated to the ecosystem and community, 6.66% of the total supply will be allocated in the first quarter airdrop, with the remainder distributed in phases after TGE.

In November, it was reported that RateX had completed a new funding round of $7 million, with participation from Animoca Ventures and others.