Robinos FAQ
Hope you all are having a good day fellow Robino’sers
Since the announcement of our IDO with Light, we’ve received countless questions regarding Robinos and the launch. And over here, I’ll try to address them as much as possible.
Q1. Is Robinos BSC or Polygon.
A: $RBN token will only be available on Polygon. However, when it comes to the tokenized prediction platform, we’re not limited to just Polygon.
Basically, more chains in operation = more revenue for Robinos Prediction. So, we’re looking to start our tokenized operations on popular EVMs chains such as BSC and Polygon. We’ll explore the other EVMs in the near future, such as Avax.
Q2. When is TGE?
A: Every IDO participant on Light will receive their $RBN tokens within a few hours after IDO. Do note that there is a vesting condition applied, so you will only receive 25% of your allocation initially, and 15% to be released monthly starting from November 1st.
Q3. Which DEX will $RBN be listed on?
A: QuickSwap obviously, we have a working relationship with them already.
Q4. Would staking be ready on the platform when we receive our 25%?
A: We’ll need a few hours to prepare the staking mechanisms. Hold on to your $RBN tightly, staking will be ready within 24 hours after IDO!
Q5. What is the initial market cap going to be?
A: We’re still working out the numbers at this point. But the initial MCAP at launch will definitely be under $200,000.
Q6. Do we need MATIC or BNB to participate in the IDO?
A: IDO will be conducted in BNB. So, IDO participants will contribute BNB to the IDO. Get ready for your BNB bags!
Your $RBN will be sent to your wallet later. Simply add the RPC settings of Polygon to your Metamask app, and you’ll be able to see your $RBN tokens later after IDO.
Q7. Will there be a tax imposed on buying, selling, or transferring tokens?
A: No, or not yet at least. $RBN will be a simple fixed supply ERC20 token for now. We’ll be consulting the community in the near future, and work on an upgraded version with different functionalities, such as taxes implementation.
Q8. Tokenomics? Max supply and circulating supply?
A: Maximum total supply will be 100 million. As for the circulating supply, it will be 25% of the sale allocation, making it 12.5 million $RBN on initial circulation.
However, do note that additional supply will be released from the rewards allocation in the near future from events such as liquidity mining, airdrop distribution for Light Diamond and Gold holders.
Q9. Is the project audited or going to be audited?
A: Yes. We will need an initial audit from TechRate for our prediction DApp. The Robinos will not need to be audited as it was created as a simple ERC20 adopted from OpenZappellin.
We’re confident we’ll clear our audit easily as the DApp does not consist of complex functions that require special attention. The simpler, better, and safer option was all chosen when building the DApp.
We will be seeking a second audit in the near future when we have a new $RBN token structure and also an upgraded version of the DApp.
Bonus Q. Where are the team allocations?
A: We’ve decided not to own any team allocations at the moment but instead dedicate that portion to the liquidity. The team tokens should be locked and vested anyway.
However, we will consider implementing a dev tax in the future for us to have a team allocation that can be vested in the future. Someone has to pay Rigi at some point.
If you’re interested in knowing more about us, you know where to find us! Drop us some questions as well, I’d love to fill up the Medium spaces on contents that will help the community understand more about Robinos!
