Tokenomics

We’re thrilled to share the release of our Tokenomics Paper, ahead of the Rails Token launch in December 2025.

Read the Tokenomics Paper Here!

The paper outlines the vision and design of the Rails Token, while the summary below highlights what it means for you as a Rails user.

WARNING: Be alert and protect yourself from token scams by reading our Airdrop Safety Notice.

Important Dates

Date	Details
Sept 22nd	User Participation Point allocation is calculated at 12 AM UTC. Participation Points are issued to eligible users' Rewards Wallets by 5pm EST.
Sept 29th	Phase 1 of the Rewards Program ends at 11:59 PM UTC Sept 28th. Phase 2 begins 12 AM UTC Sept 29th (details coming soon).
December (TBC)	The Rails Token is listed on a major exchange. Eligible Rails Play users will receive their Token rewards (details coming soon). The Rails Rewards Program (Phase 2) ends, and users' Token rewards will be calculated using the relevant conversion rate based on their points earned during each phase. Rails users can convert their Token Points to Rails Tokens subject to a vesting schedule (25% immediately unlocked). Phase 3 of the Rewards Program begins. New rewards are issued as Token Points. Details will be available prior to the launch.

Vesting Schedule

Not all tokens are unlocked at launch by design (learn more), but the vesting framework aims to balance rewarding early users with long-term sustainability of Rails and the Rails Token. The key details are:

• 25% of user rewarded tokens are unlocked immediately at token launch.

• The remaining 75% of tokens follow a 12-month linear vesting schedule.

• Users can accelerate vesting by actively trading on the platform. (Details coming soon!)

Regular Vesting

The following table details how tokens the 10,000,000 user rewards token pool is unlocked based on the vesting schedule.

Month	# Tokens Vested	% Tokens Vested
0 (Token Launch)	2,500,000	25.00%
1	3,125,000	31.25%
2	3,750,000	37.50%
3	4,375,000	43.75%
4	5,000,000	50.00%
5	5,625,000	56.25%
6	6,250,000	62.50%
7	6,875,000	68.75%
8	7,500,000	75.00%
9	8,125,000	81.25%
10	8,750,000	87.50%
11	9,375,000	93.75%
12	10,000,000	100.00%

The below table demonstrates cumulative token unlock volumes for users granted between 500 and 10,000 tokens:

Month	% Vested	500 Tokens	1K Tokens	5K Tokens	10K Tokens
0	25%	125	250	1,250	2,500
4	50%	250	500	2,500	5,000
8	75%	375	750	3,750	7,500
12	100%	500	1,000	5,000	10,000

Accelerated Vesting

Details coming soon!

Frequently Asked Questions

How will I claim my Rails Tokens?

We are in the process of finalizing how this will work. Clear instructions will be provided directly to all users via email and social channels closer to the launch.

How many Rails Tokens will I receive?

For Rails Play users: 750,000 tokens are distributed

• Eligible users and their respective Rails Token allocations are listed here by wallet address.

Rails Play was the paper-money trading platform we launched as a beta before Rails, our real-money trading platform. These early adopters helped shape our product and so have their own rewards.

For Rails users:

• Phase 1: 4,600,000 tokens are distributed to users who participated in Phase 1 of the Rewards Program.

• Phase 2: 4,650,000 tokens are distributed to users who participate in Phase 2 (coming soon) of the Rewards Program.

• Your points balance from Phase 1 and Phase 2 will be converted respectively to determine your total token allocation. Learn more.

How will my Rails Points convert to Rails Tokens?

The points-to-token conversion rate will be different for points earned during Phase 1 vs. Phase 2 of the Rewards Program. Why? Since there are different token pools allocated to each phase, the total amount of points earned by the entire user base is required before we can determine the conversion rate.

Note: the points-to-token conversions are estimates until each phase is complete.

Rewards Phase	Token Pool	Points-to-Token Conversion
1: Summer Campaign	4,600,000	This is currently estimated to be ~2 Rails Points = 1 Rails Token, but is subject to change upon completion of Phase 1.
2: Pre-Launch Campaign	4,650,000	To be confirmed closer to the end of Phase 2.
3: Post-Launch	30,000,000	N/A: user rewards are no longer issued as Rails Points, they are issued as Token Points.

When will I get my Rails Tokens?

The exact token launch date will be confirmed in the coming months, but will take place in December 2025. At that time, you will be able to access 25% of your tokens immediately, and the remaining will be unlocked according to the vesting schedule.

Why is there a vesting period?

The remaining 75% of your tokens vest linearly over 12 months, rather than unlocking all at once. This design ensures that token distribution grows in step with the platform’s real adoption and value.

We chose to launch our token earlier than most projects because we want it to evolve alongside the product — not just ride short-term hype or inflated expectations. Many projects delay their token launch until they’ve captured attention, but that often disconnects the token from real usage and leads to sustainability challenges.

The Rails token is core to platform utility. From the upcoming prop trading platform to institutional vaults, our roadmap is built around long-term product maturity. Vesting ensures that ownership and rewards are aligned with this growth, rather than front-loaded.

At the same time, we’ve designed ways for users to accelerate vesting. Active participation — through trading volume or helping the community hit major milestones (like $1Billion market cap) — can unlock tokens sooner. Specifics on this will be shared soon.

Finally, because this is intentionally a low-supply token, unlocking it over time protects the integrity of the ecosystem and ensures distribution keeps pace with real value creation.

Need help? Contact us on Discord or by email and we'll be happy to assist you.