R2 Protocol Defies Reward Challenges with Successful Launch
R2 Protocol goes live—reward structure be damned. The decentralized network kicks off operations despite lingering questions about its incentive model.
Technical Triumph Over Tokenomics
Engineers pushed the launch button while economists scratched their heads. The protocol's core functionality is live and processing transactions, even as the reward mechanism shows early signs of strain.
Market Response Mixed
Traders are watching the rollout with cautious optimism. The protocol's native token sees volatile trading—because what's a crypto launch without some price drama?
Development Team's Bold Move
Pushing forward with mainnet activation demonstrates the team's commitment to timeline over perfection. Sometimes you just need to ship—even if the financial incentives aren't fully baked yet.
Because in crypto-land, nothing says 'stable investment' like launching with known monetary issues—just ask your friendly neighborhood hedge fund manager.
R2 Protocol’s mainnet launch
After the R2 Protocol testnet phase, there were more than 385,000 addresses registered for the mainnet launch, as well as more than 50,000 active users per day. The mainnet launch was accompanied by the successful integration of 12 major asset management institutions, including Apollo, Mercado Bitcoin, Fasanara, Golfinch, BlackRock, VanEck, and Centrifuge.
According to the roadmap, the native token launch for R2 will take place sometime by the end of 2025.
Alongside the mainnet launch, the protocol also launched two flagship RWA wealth management products: T-Bills Vault and Private Credit Vault.
The T-Bill Vault is described as a “conservative vault backed by tokenized U.S. Treasuries” that comes with a 4% net Annual Percentage Yield. It is backed by underlying assets that include BlackRock’s BUIDL, VanEck, and Centrifuge tokenized RWA infrastructure.
The second vault, the Private Credit Vault, is backed by curated private credit portfolios with a target net APY of around 9% to 10% in yield. This vault is supported by partnerships with Fasanara Capital Ltd, Mercado Bitcoin and Apollo.
