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 employs a Proof-of-Stake (PoS) consensus mechanism, which is the basis for its token issuance.

• Block Rewards: New tokens are issued as block rewards to incentivize network participants.
• Multi-Staking: The network uses a native multi-staking PoS consensus mechanism, allowing validators and delegators to bond multiple assets—specifically $RIO, $RST, and $LMX (Liquid Mining Fund token)—to secure the network and earn block rewards proportional to their contribution.

Allocation Mechanism

While a detailed breakdown of the initial token allocation percentages for $RIO was not available, the network's design emphasizes utility and ecosystem stability, particularly through mechanisms that involve burning and holding tokens.

A notable example of token allocation and management is found within the Districts virtual world built on the Realio Network:

• Land Claim Mechanism: Users can claim virtual Land Pixels in Districts by depositing 5,000 $RIO.
• Deflationary Component: Of the $RIO deposited for land claims, 20% is permanently burned, contributing to a deflationary tokenomics model for $RIO.
• Ecosystem Support: The remaining 80% of the deposited $RIO is held to support the ecosystem's economic stability.

Usage and Incentive Mechanism

The tokens within the Realio ecosystem serve multiple critical functions, primarily centered around network security, governance, and utility within the RWA ecosystem.

Core Utility and Incentives

Network Security and Governance

The network is secured by a multi-staking Proof-of-Stake mechanism, where validators and delegators bond $RIO, $RST, and $LMX to participate. This mechanism ensures network security and allows token holders to participate in governance by voting on network upgrades.

Ecosystem Integration

The Realio Network supports several applications and features that drive token utility:

• RWA Tokenization: The network is designed to allow for the creation of new assets through a secure, decentralized process.
• EVM Interoperability: As a multi-chain ecosystem, Realio manages RWAs across non-EVM and EVM-compatible chains using the IBC protocol, enhancing the utility of its tokens across different environments.
• Districts Virtual World: $RIO is integrated into the Districts virtual world, where depositing the token is required to claim virtual Land Pixels, which also triggers a deflationary burn mechanism.

Locking Mechanism and Unlocking Time

The primary locking mechanism identified is staking for network security and governance participation.

• Staking: Validators and delegators must "bond" $RIO, $RST, and $LMX to secure the network and earn rewards. This bonding process implies a lockup period, though the specific duration of the unbonding period (the time required to unlock staked tokens) was not detailed in the available information.
• Vesting/Unlocks: Specific token unlock schedules, vesting periods, or cliff dates for initial allocations (e.g., team, investors) for the Realio Network were not available.