$RSS3 is the native token of the RSS3 ecosystem. It was introduced as a coordination layer for the network: a link to connect infrastructure, participation, and ecosystem growth.
RSSHub makes open information accessible. Folo makes it usable in everyday life. Together, they are key parts of the ecosystem. But products alone are not enough to sustain an open information system.
This ecosystem depends on many different roles. Some people maintain routes so data keeps flowing. Some operate instances that keep infrastructure running. Developers build applications and protocols on top. Others organize information into usable forms. Users create demand through reading, subscribing, filtering, and engaging with what they find valuable.
All of this activity moves the system forward. But the value it generates tends to gather at a few points, usually at the application layer. The people who keep the underlying infrastructure alive are rarely the ones who benefit from the growth that happens above it. Over time, maintenance slows down, infrastructure becomes less reliable, and the system weakens. This was a structural problem in the original RSS ecosystem. It proved that open information could reach massive scale, but it had no structure to sustain itself.
This is the problem $RSS3 is designed to address.
The RSS3 ecosystem already leaves a visible record of the work that keeps it running. Route maintenance can be tracked. Instance uptime can be measured. Application usage and protocol activity can also be seen. That makes it possible to build a shared layer across RSSHub, Folo, and the protocols and applications growing around them, so the people who sustain the ecosystem can also participate in the value it creates.
Over time, $RSS3 will be integrated into both existing and future products across the ecosystem. RSSHub and Folo are the first places this begins. As new products are introduced, they can become part of the same system as well. The specific forms of integration will follow the pace of product development.
The principle is straightforward: open information infrastructure should be sustainable, and the people who build and maintain it should share in what it creates.
A recap on Total Supply and Allocation
1,000,000,000 $RSS3 tokens were created at genesis on Feb 12th, 2022.
5-Year Circulating Supply
The majority of the $RSS3 tokens were subject to long-term lockups. All vesting schedules have been completed. Details are as follows:
| Allocation | Percentage | Vesting |
|---|---|---|
| Seed Round | 4.6% | 12-month cliff, 24-month linear release |
| Private Sale | 10% | 12-month cliff, 18-month linear |
| Public Sale | 5% | All unlocked with TGE |
| Early Incentive | 10% | 2% unlocked with TGE, 8% linear unlocked within 12 months |
| Team | 15.4% | 12-month cliff, 36-month linear |
| Natural Selection Labs | 5% | 12-month cliff, 24-month linear |
| Advisor | 1% | 12-month linear |
| Ecosystem | 32% | 2% unlocked with TGE, 12-month cliff, then 48-month linear |
| Foundation | 15% | 12-month cliff, 48-month linear |
| Partnerships | 2% | 12-month cliff, 36-month linear |
- Seed Investors Seed investors are those who backed us from the very beginning. Their purchase price was $0.04 per $RSS3. These tokens had a 12-month cliff and then a 24-month linear unlock.
- Private Token Sale Private token sale participants have purchase prices ranging from $0.06 to $0.15. These tokens had a 12-month cliff and then an 18-month linear unlock.
- Public Token Sale 5% are tokens from public sales during the TGE. Tokens are unlocked immediately.
- Early Incentives 10% are early incentives. 2% were airdropped to existing users in the RSS3 ecosystem 1 month after the TGE. The remaining had a 12-month linear unlock, which was used as incentives toward various stakeholders such as active users, ecosystem app developers, and Testnet Node Operators.
- Team Those existing and future crews of RSS3 are allocated about 15% of all the tokens. These tokens will be unlocked after a 12-month cliff with a 36-month vesting period.
- Natural Selection Labs Natural Selection Labs is the equity company that initiated the RSS3 project. It is granted 5% of all the tokens with a vesting period of 24 months after a 12-month cliff.
- Advisors There have been lots of people who helped the RSS3 project from its infancy. In total, 1% of all the tokens are granted to those advisors with a 12-month linear vesting period.
- Ecosystem 2% were unlocked after LBP, where the initial liquidity pool on Uniswap came from afterward. The remainder was subject to a 12-month cliff before a 48-month linear unlock.
- Foundation The foundation is set to support the long-term development of the project. These tokens had a 12-month cliff followed by a 48-month linear unlock.