Roadmap and Future of the Raccroon Project
Today, we are excited to announce the roadmap and the future of the Raccroon project
Since April 2024, we have been building a strong and vibrant community on the Cronos blockchain. We are proud to be listed on VVS, Moonswap, EbisusBay, and other partners. Today, we are thrilled to introduce a new chapter for RCO: the migration to the new Cronos zkEVM, an Ethereum layer 2 blockchain.
We are now unveiling the zkRCO token, which will be launched on the Cronos zkEVM network.
What is zkRCO?
zkRCO will be more than just a meme coin, it will become the utility token of the Raccroon protocol, the max supply is 500M zkRCO, with the following tokenomics:
TOKENOMICS:
- Migration from RCO to zkRCO : 200M (The migration will be live in 2 weeks, 500 RCO = 1 zkRCO )
- Liquidity : 100M (Seeded by the team)
- Patnership, airdrops and listings : 150M
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Team: 50M
In addition to our existing meme coin and NFT collection, we are launching a swap aggregator for the Cronos zkEVM, a bridge, and a DAO.
In the DAO, users will be able to vote using their zkRCO tokens.
Moreover, zkRCO stakers (The staking function will be live after the swap aggregator launch) will earn 50% of the fees generated from the swap aggregator. Additionally, zkRCO will be bought back and burned using a portion of the fees collected from both the aggregator and NFT trading.
What will happen to the current RCO Token on Cronos?
You will be able to swap your RCO for zkRCO a few weeks after the Cronos zkEVM launch. There will be a bridge where users can send their RCO and receive zkRCO on the Cronos zkEVM. For every 500 RCO on Cronos, you will receive 1 zkRCO on the Cronos zkEVM.
This is the conversion rate: 500 RCO = 1 zkRCO
You can still trade RCO on VVS on Cronos and accumulate tokens, and prepare yourself for the token migration.
The zkRCO will be seeded with our own team liquidity and it will be tradable immediately after that the Cronos zkEVM will go live, no presale.
What will happen to the NFT Collection?
We have a special reward for NFT holders. For each NFT you own, which can be purchased on EbisusBay, you will receive an airdrop of 50,000 zkRCO.
There’s still time to buy your NFTs and participate in the airdrop, a snapshot will be taken at a future random date after the token launch on Cronos zkEVM.
Roadmap main steps:
- zkRCO launch on Cronos zkEVM
- Seed liquidity and enable zkRCO trading
- Token bridge and migration from RCO to zkRCO
- Launch the Bridge to other Ethereum layer 2s
- Launch the Swap aggregator
- Launch the DAO