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

Sep 23, 2025 08:46:53

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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.

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