RootData Free Push Service: Submit exclusive financing info and upon approval, enjoy free App push notifications. [Contact Now]
API Download the RootData App

Rainbow proposed an acquisition agreement with Clanker and announced the token distribution plan

Sep 23, 2025 08:46:53

Share to

ChainCatcher news, the Rainbow Foundation has proposed to acquire the Clanker protocol and announced the token distribution plan: SCLANKER holders will receive 4% of the total supply of the new Rainbow token SRNBW (approximately 20% of the TGE circulation); all assets in the Clanker treasury will be airdropped to SCLANKER holders; the LP fees generated by the Clanker protocol will be permanently allocated to SCLANKER holders.

Rainbow promises to incorporate Clanker into its product ecosystem and provide SRNBW rewards for related transactions. Clanker responded that it informed Rainbow last week of its decision not to accept the acquisition, and there are discrepancies in communication between the two parties.

Recent Fundraising

More
-- Sep 25
$3M Sep 24
$8M Sep 24

New Tokens

More
Sep 25
Sep 25

Latest Updates on 𝕏

More