Disclaimer - This is part of our outside perspective series. Curious Cosmonaut Research is not the author we are simply highlighting some good threads and perspectives on the Cosmos ecosystem with their permission. We also, therefore, do not guarantee their accuracy.

Author: The Cosmos Coffeehouse ⚛️☕️

Source: Twitter

Date: March 31, 2022

Introduction

GM #Coffeegang!

We heard about a new exchange coming around that can swap almost any token!

*Sips Coffee*

@RangoExchange

is still rather new but we put together what we could find for you #cosmonauts!

Into the Coffeepot Friends!

What:

🥄Multi-chain platform for DEXs and bridges

🛠️Use Case:

🥄Find the fastest, cheapest and the most secure route for Crypto transfers.

🥄“Currently supporting more than 20 blockchains, 10+ bridges/DEXs, and 6 different wallets” at the time of writing.

Roadmap:

🥄Full roadmap is listed in the Whitepaper:

🥄All Major Blockchains supported by the end of 2022

🥄Beta ends sometime in Q2 of 2022

Tokenomics

Token Utility:

🥄 $RANGO can be used to Buy gas fee tokens to use on the platform when using multiple chains

🥄 $RANGO is also used for on-chain governance of the protocol.

➡️Trading fees will be used for:

🥄80% - Buyback and Distribute to Stakers

🥄20% - Treasury

Tokenomics:

💰Max Supply 100 Million Tokens

🥄Team (20%)

🥄Private Investors (15%)

🥄IDO (10%) No Vesting

🥄Advisors (max 1%) No vesting

🪂#Aidrops (5%)

🥄Liquidity Providers (5%)

#AIRDROP

🥄Stakers of:

$Luna

$Atom

$Juno

🚨That trade at least $200 with

@RangoExchange

📸Snapshot date unknown

🚨Hint: The recommendation is to both do a swap from native Atom/Juno to native Luna and also the reverse path to save both your Cosmos and Terra addresses

Team:

❓No information on the Team.

Conclusion:

🥄Still early in development, the White Paper is so-so

🥄No information on the Team

🥄Alot of obvious work and development noted in the blog posts

🥄One stop exchange for almost any Cryptocurrency

🥄The #Airdrops require participation

If you found this thread useful, help spread the word and share with the community!

Keep up with tons of #IBC information including #Airdrops and more at,

http://TheCosmosCoffeehouse.com

Grab Some #IBC Merch Here!

https://the-cosmos-coffeehouse.myspreadshop.com

Sources:

🥄Docs: https://rango.exchange/docs

🥄Blog: https://medium.com/@RangoExchange

🥄Website: https://app.rango.exchange/swap/BSC.BNB/TERRA.Luna/

🥄Twitter: https://twitter.com/RangoExchange

🥄Telegram: https://t.me/rangoexchange