RTIP-3: $RAGE Liquidity Support

Summary:

To support $RAGE token liquidity, we propose allocating $300,000 for additional liquidity by using a combination of scale orders and standard limit orders on Hyperliquid L1. These multiple buy limit orders will be placed and adjusted every 2 weeks, within a range below the market price.

This new strategy will be in addition to our current buyback efforts from RTIP-1

Plan:

1. Allocate $300,000 for additional liquidity.  2. Deploy a combination of scale orders and standard limit orders on Hyperliquid L1 within a preset range below the market price. 3. Conduct biweekly reviews to adjust limit orders for liquidity support below the market price. 4. Pre-announce details on Discord, including size, price range, and number of orders.

Rationale:

This approach allows us to provide targeted liquidity through multiple resting limit orders that activate when the price falls within a preset range. By pairing this strategy alongside our ongoing efforts from RTIP-1, we can better support $RAGE token liquidity.

Disclaimer:

• Only votes from public token holders and private purchasers will be counted.
• Team and Treasury addresses won’t be casting votes.
• Votes will be weighted by each voter's $RAGE balance, so the vote count on UI may differ from the final result.
• We will calculate the weighted votes off-chain and share the final results on Discord and Twitter after the 7-day voting period ends.