08 Nov 202120:11
Rangers Protocol AMA Recap
Myko (CryptoDiffer)Hello, everyone!😁
We are glad to meet here:
Nicolas, BD head of Rangers Protocol
Thanks for having me
Such a great honor to be here
Glad to share our Rangers Protocol to all of you from CryptoDiffer community
Myko (CryptoDiffer)Welcome Nicole, thank you for taking your time today!
Okie, let's start
first of all, some introductory questions
Q1: Can you introduce yourself to our community?
Nicolas ZhuThis is Nicolas, BD head of Rangers Protocol, as you already know. 😂
I’ve been in the blockchain field for 3 year, and have served Rangers Protocol’s incubator, MixMarve,as Thier global marketing head for more than 2 years
I have also witnessed the birth of Rangers Protocol and it’s multiple upgrades.
So now give us a glance on it)
Q2: Can you introduce Rangers Protocol to us?
Rangers Protocol is an underlying infrastructure.
Its products currently have dapp-DeFi lending protocol BlueStone. The products currently being deployed are a series of tools that bring convenience to developers and users, such as block explorers and NFT demos.
The special feature of Rangers Protocol is that it has gradually developed into the comprehensive basic bottom layer of the vertical field. It currently includes the Rangers Engine that supports NFT and complex application development, and the Rangers Connector that supports asset cross-chain.
In the future, Rangers Protocol will also add new toolsets and IDEs that will lower the developer's development threshold. This is what distinguishes it from other projects. At present, there is no low-level facility on the market that combines low-level development and cross-chain integration like Rangers Protocol.
Thanks for your explanation
Now let's take a look on the progress
Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans?
Nicolas ZhuWhat has been completed so far is that the Rangers Protocol testnet has been launched, and the first dapp, BlueStone, has been successfully deployed.
Next, we will upgrade the testnet and launch the mainnet in Q4. In terms of technological progress, we can show you a technical roadmap so that everyone can see what we have already achieved, what we are doing, and where we will succeed in the future.
Also, please stay tuned with our official twitter for more information https://twitter.com/rangersprotocol
Cryptodiffer CommunityI learnt of your partnership MixMarvel and also thay Ranger Protocol enhances in-game speed in blockchain games. Does this mean that MixMarvel utilizes Rangers Protocol for their blockchain gameing like dehero?
Nicolas ZhuRangers Protocol is a different project from MixMarvel.Rangers Protocol's former version, Rocket Protocol, was a layer-2 solution that supported the applications of the MixMarvel ecosystem apps. After years of development and upgrade, Rocket Protocol became Rangers Protocol, an independent blockchain infrastructure.
MixMarvel as a blockchain game publishing platform is more on the application later. On the other had, Rangers Protocol is an infrastructure that provides technical upport.
So they are ecosystems on two different dimensions.
However, Rangers Protocol and MixMarvel will be able to help complete the missing parts of eachother.
Of course we’ve also established cooperation with DeHero this year.
Cryptodiffer CommunityWhat are the ways to obtain RPG now? Do you have any suggestions for long-term coin holders? @Nicolas0628
Nicolas ZhuThe dex and platforms on which RPG is currently available include PancakeSwap, Uniswap, and MixMarvel.Finance.
🔸 BEP20 $RPG on BSC: 0xc2098a8938119A52B1F7661893c0153A6CB116d5
📍 RPG/BUSD on PancakeSwap: https://pancakeswap.finance/swap
🔹 ERC20 $RPG on Ethereum: 0x0E5C8C387C5EBa2eCbc137aD012aeD5Fe729e251
📍 RPG/USDT on UniSwap: https://app.uniswap.org/#/swap
As far as I know, some decentralized market platforms also provide purchase entrances. You can search for it yourself. We do not give any investment advice to users. Regarding the mechanism of RPG itself, such as circulation, release, or governance, you can read our token white paper at https://rangersprotocol.gitbook.io/rangersprotocol/tokenomics
Regarding the project itself, various dapps such as games will be deployed after the rangers protocol mainnet is launched, and RPG will also have richer usage scenarios.
Cryptodiffer CommunityI read that $RPG will join the staking program on MixMarvelFinance. What is the advantage of liquidity mining pools in MixMarvelFinance with $RPG and how do we participate in this staking program?
Nicolas ZhuMixMarvel is the incubator of Rangers Protocol and MixMarvel.Finance is a staking platform for the MixMarvel ecosystem products. With the help of this platform, the liquidity of Rangers Protocol Gas $RPG reached ~$2M shortly after the launch.
If you would like to know how to participate in this staking program, please refer to the following Gitbook link.
Also, RPG just got listed on the PancakeSwap syrup pool! Check out the following tweet!
For more information about Rangers Protocol, please stay tuned to all our official accounts for the latest updates! We have a lot planned ahead for you all!
Cryptodiffer Communityhow is the allocation of $RPG divided??
Nicolas ZhuYou mean Tokenomics?
We have to discuss this matter from three aspects: the initial allocation of tokens, the unlock cycle and the number of unlocks.
The token distribution mechanism of $RPG is: investors (10%), core team (14%), incubators and consultants (7%), eco fund (20%), ecological community (49%), treasure (0%). This picture can make it a little clearer.
Among them, investors unlock linearly every day, and the unlock is completed within 400 days. In the unlock cycle of the core team, incubators, consultants, and ecosystem community, 8% of the remaining amount is released every 180 days.
The eco fund decides whether to use it through community votes. Here’s also a picture to show the unlocking cycle works.
Please note that one on the abscissa in the image refers to 180 days. If you want to know more details, you can read this article: https://medium.com/rangersprotocol/rangers-protocols-rpg-allocation-release-ce6428ab2211
Cryptodiffer Community🥇 One of the main features or functionalities of Rangers Protocol is what you have called the VRF+BLS consensus mechanism based on RPOS? Can you tell us about this? What solutions does it bring to the current blockchain ecosystem?
Nicolas ZhuVRF consensus algorithms such as Algorand usually select multiple verification nodes to vote for the candidate blocks in each consensus round. The verification group signature mechanism mainly uses the BLS algorithm.
The VRF algorithm guarantees that the proposal nodes and verification groups are random, unpredictable, unselectable, and unconcealable.
From the perspective of communication complexity, signature length, and performance, we believe that the BLS threshold signature algorithm is more suitable for the verification groups rather than the Byzantine fault-tolerant algorithm.
We have published an article that explicitly describes the block generation process under the VRF+BLS consensus mechanism. It will let you understand what role VRF+BLS plays in Rangers Protocol.
You can read it here https://medium.com/rangersprotocol/how-does-rangers-protocols-rpg-come-into-being-7d5075e982aa
Cryptodiffer CommunityCan you compare $Rangers protocol to IMMUTABLE and RONIN which are two networks, that currently focus on the NFT market and optimize the non-financial application experience of the Ethereum network. Is there anyway that Ranger Protocol edge out these two networks ? Can you explain how Ranger Protocol beats these networks ?
Nicolas ZhuIn terms of technology selection, we actually do not position any project or product as a competitor to Rangers Protocol. But projects like Immutable X, and Ronin, game bottom layers, are relatively similar to Rangers protocol.
The difference is that Rangers Protocol is a comprehensive underlying infrastructure. It currently includes a Rangers Engine that supports NFT and complex application development and a Rangers Connector that supports asset cross-chain. These are also the core killer features of Rangers Protocol.
Ronin and Immutable X, which are layer-2 projects, are also not in competition with Rangers Protocol in terms of positioning.
Also, you could check this chart for a quick view of Rangers Protocol killer highlights
I think above all could explain how Rangers Protocol is great. But I don’t wanna say it could be called”beat these networks” 😆
Thanks a lot for your efforts
Nicolas ZhuThanks for you good hosting
Please stay tuned with Rangers Protocol