Republic Plans to Pay Users’ Dividends on Avalanche Blockchain
Crypto News
17 Nov 2023 11:45 PM
Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche....
- Republic, a next-generation investment and technology firm, plans to issue its digital asset, Republic Note, on the Avalanche blockchain network.
- Republic Note will serve as a dividend payout for investors who utilize the Republic investment infrastructure.
- The digital token has over $900,000 in its dividend pool size and has secured over $30 million from private and institutional investors.
- Once trading begins, users will have access to a maximum token supply of 800 million, with 372 million currently in circulation.
- Republic chose Avalanche for its speed, scalability, flexibility, and eco-friendliness.
- The Republic Note will be launched on INX, a US-regulated secondary trading platform for decentralized assets.
The overall sentiment of the article is positive, highlighting the achievements and potential of Republic Note and its partnership with Avalanche.
You May Ask
What is Republic Note and how does it function as a dividend payout?How much has Republic Note raised from private and institutional investors?What is the maximum token supply of Republic Note and how many tokens are currently in circulation?Why did Republic choose Avalanche for the launch of its digital asset?On which platform will Republic Note be launched and when can we expect it to hit the public markets?