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RAIL Tokenomics
Maximum Supply
- 100,000,000 (RAIL on Ethereum)
- 44,546,789 (RAILBSC on BNB Smart Chain)
- 55,000,000 (RAILPOLY on Polygon)
RAILPOLY & RAILBSC
RAILGUN on Polygon and BSC have their own separate governance DAOs and therefore have their own chain-specific tokens. RAIL(on Ethereum), RAILPOLY and RAILBSC are different to each other as they govern and receive rewards from the RAILGUN deployment on their respective chains.
This governance structure with a separate DAO on each chain maximizes security and decentralization as there is no reliance on cross-chain bridging and each DAO can vote on chain-specific issues.
RAILPOLY and RAILBSC were distributed via airdrops to RAIL stakers and RAIL liquidity providers.