Rage Trade is winding down faster than a season finale, and yes, they’re returning funds to token holders and investors. The app is being deprecated, so you should manage any open positions on the source protocol interfaces-basically, use the grown-up version of the site instead of the app that’s about to ghost you. A holder snapshot has been taken, and the team warns not to trade RAGE during the process, because chaos here is a luxury you cannot afford if you want any allocation at all. 🎭
Plan acronyms aside, here’s what you get (in Tina Fey-level bluntness):
- Investors with unsold/unvested allocations: settled at 2.1× their entry price
- Liquid holders: settled at $0.42 per RAGE
- Team: settled via token allocations or severance
- Unclaimed deposits from deprecated vaults: returned to the original addresses
Winding Down Rage – We are winding down Rage and returning funds to token holders and investors. Here’s the planned distribution (approximate): Investors (unsold / unvested tokens): settled at 2.1× entry price; Liquid holders: settled at $0.42 per $RAGE; Team: settled on token…
No claim steps are required; distributions will be executed automatically, with final numbers adjusted to actual trade execution prices and shared prior to payout. Translation: you don’t have to lift a finger, but you’ll probably still refresh your portfolio like it’s a spoiler-filled season finale. 😅
Rage Trade framed the move as an orderly wind-down and said an earlier snapshot identifies eligible wallets for distribution. At last check, RAGE hovered around $0.29, with market cap and 24-hour volume thinning as the drama retreats. With a settlement of $0.42 per RAGE for liquid holders and a snapshot locked in, secondary-market prints aren’t expected to alter payouts.
Pro tip: avoid interacting with deprecated contracts and remember the snapshot cutoff determines allocations, not last-minute exchange shenanigans. 🕵️♀️
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2025-10-06 20:10