Realio (RIO) tokenomics

The Realio Network is a Layer-1 multi-chain Web3 ecosystem built on the Cosmos SDK, focused on the issuance and management of digitally native Real-World Assets (RWAs). The network utilizes a unique multi-staking public Proof-of-Stake (PoS) consensus mechanism secured by real-world value.

The ecosystem features several tokens, including the primary utility token, $RIO (Realio Network Token), and the hybrid digital security token, $RST (Realio Network, LTD). The network supply cap for $RIO is 175 million.

Issuance Mechanism

The Realio Network uses a Proof-of-Stake (PoS) consensus mechanism that supports multi-staking. This mechanism is responsible for securing the network and issuing block rewards.

• Multi-Staking: The network is secured by bonding multiple tokens, specifically $RIO, $RST, and $LMX (Liquid Mining Fund), allowing validators and delegators to earn block rewards proportional to their contribution.
• Deflationary Mechanism (RIO): The network incorporates a deflationary mechanism tied to its virtual world, Districts. When users claim virtual Land Pixels in Districts, they must deposit 5,000 $RIO. 20% of the $RIO used for these land claims is permanently burned, while the remaining 80% is held to support the ecosystem's economic stability.

Allocation Mechanism

While a detailed, percentage-based token allocation breakdown for $RIO was not available, the tokens are allocated to support core network functions and ecosystem growth, including:

• Staking Rewards: Tokens are allocated as block rewards to validators and delegators who bond $RIO, $RST, and $LMX to secure the network.
• Ecosystem Support: A portion of the $RIO used for claiming virtual land in the Districts platform (80% of the 5,000 $RIO deposit) is held to support the ecosystem's economic stability.
• Security Token ($RST): The network also features $RST, which represents tokenized company equity under a Reg D/S offering. This token is intended for non-U.S. investors and accredited U.S. investors, with future availability anticipated for retail investors in the U.S. on the tZERO ATS platform.

Usage and Incentive Mechanism

The tokens within the Realio Network ecosystem serve multiple utility and governance functions, incentivizing participation and securing the network:

Core Network Functions

1. Staking and Security: The network is secured by a native multi-staking public Proof-of-Stake (PoS) consensus mechanism. Validators and delegators are incentivized to bond $RIO, $RST, and $LMX to earn block rewards.
2. Governance: Participation in the network as a validator or delegator grants users the ability to vote on network upgrades and proposals.
3. RWA Tokenization: The network's core function is enabling the creation and management of Real-World Assets (RWAs).
4. EVM Interoperability: The network manages RWAs across non-EVM and EVM-compatible chains using the IBC protocol, enhancing its utility across the broader crypto ecosystem.

Locking Mechanism and Unlocking Time

The primary locking mechanism identified is staking to secure the network.

• Staking/Bonding: Validators and delegators must bond $RIO, $RST, and $LMX to participate in the Proof-of-Stake consensus and earn block rewards.
• Land Claim Deposit (RIO): When claiming virtual Land Pixels in the Districts virtual world, users must deposit 5,000 $RIO. While 20% of this is burned, the remaining 80% is held to support ecosystem stability, effectively locking a portion of the supply.

Information regarding specific vesting schedules, cliff unlocks, or linear unlocking times for initial token allocations (e.g., team, investors, or private sales) for the Realio Network was not available.