What is Rubic (RBC)?
RBC is the native token of Rubic, which is a cross-chain swap aggregator. It allows users to make swaps of a huge amount of crypto assets on various chains, including Ethereum, Avalanche, BSC, and others. Besides that, Rubic is connected to numerous decentralized exchanges (DEXs), token bridges, and fiat on-ramps.
Additionally, the Rubic crypto project features an SDK toolkit, which allows developers to create their own wallets, dApps, DEXs, and so on across different chains.
If you care to see the current RBC price, check out the Rubic price chart above.
Use Cases of Rubic Tokens
RBC tokens are based on the ERC-20 token standard. However, it also comes in the form of the BEP-20 token standard (BRBC) and a wrapped version (wRBC). There are three main use cases for Rubic coins:
- Governance. RBC token holders have the right to participate in the decision-making processes.
- Liquidity provision. RBC tokens can be used to provide liquidity on various exchanges.
- Staking. Rubic coins can be staked in order to generate rewards.
If you plan to buy Rubic crypto assets, make sure to analyze the RBC price before doing that. Use the Rubic price chart above.
Who Founded Rubic?
Vladimir Tikhomirov and Alexandra Korneva are the co-founders of the Rubic Protocol. Primarily, Rubic's team founded MyWish in 2017, which is a smart contract platform. Later, however, in 2020, the Rubic crypto project was born.
Tokenomics of Rubic
The protocol has a maximum supply of 124,000,000 RBC tokens. The MyWish team has allocated 10% of the total number of tokens for themselves. Then, 8% was directed towards conducting marketing and bounty campaigns.
Furthermore, another 8% was distributed to MyWish holders, while an additional 8% was allocated to Uniswap liquidity. Finally, the remaining 66% of RBC tokens were put up on the market.
The RBC price changes according to supply and demand dynamics. Thus, make sure to analyze the Rubic price chart above to have the most up-to-date information.