Rainbow is planning to acquire Clanker, promising to allocate 4% of the total RNBW supply to CLANKER holders.

BlockBeats News, September 23rd, according to official sources, Web3 mobile wallet Rainbow has released an open letter regarding the acquisition proposal of Clanker, and has proposed to include CLANKER token holders in its broader Clanker acquisition plan.

The Rainbow Foundation stated that if the Clanker acquisition is successful, 4% of the total RNBW supply will be allocated to CLANKER token holders, representing approximately 20% of the circulating supply at the Token Generation Event (TGE); Rainbow will manage 100% of the CLANKER tokens accumulated as liquidity provider (LP) fees since the launch of the Clanker token; following the takeover of Clanker, the Rainbow Foundation will help the community develop the protocol into the largest launchpad platform on Ethereum.