Question 1

What is RARI?

Accepted Answer

RARI is the official ERC-20 governance token of the Rarible Protocol. Its core purpose is to allow token holders to participate through the RARI DAO in decisions concerning the protocol and its ecosystem funds. It is not evidence of ownership in the Rarible brand, company, or platform revenue; holding RARI does not itself confer equity, dividends, or fixed returns. Therefore, RARI should be understood by distinguishing “governance participation” from “economic ownership.” The former depends on the DAO’s governance rules and on whether a holder obtains the corresponding governance eligibility; the latter does not arise automatically from holding the token.

Question 2

How can RARI be used to participate in governance?

Accepted Answer

The key step for participating in RARI DAO governance is locking RARI to obtain veRARI. veRARI is a credential used for governance participation: according to the official description, users can receive veRARI after locking RARI and use it to vote on proposals or participate in the proposal process. This means that freely transferable RARI and governance-use veRARI are not the same concept. Locking is the condition for using RARI to obtain governance eligibility; the specific lock period, voting-power calculation, and unlocking rules should follow the governance interface and formal rules then in effect. Fixed parameters cannot be inferred merely from the statement that veRARI can be obtained.

Question 3

What matters might RARI governance decide?

Accepted Answer

RARI’s governance value comes from its relationship with the RARI DAO decision-making process, rather than from the token automatically producing any particular outcome. After obtaining veRARI, holders can express support, opposition, or other rule-compliant choices on matters entering the governance process; whether a proposal passes and how it is implemented still depend on that matter’s governance procedure and applicable thresholds. Official materials describe the RARI DAO’s governance scope as covering matters involving the protocol, RARI Chain, the treasury, and ecosystem funding. Different matters affect different subjects: protocol-related decisions may affect product or infrastructure direction, while treasury or ecosystem-funding decisions concern how DAO resources are allocated. Holding tokens neither guarantees that an individual proposal will be adopted nor guarantees that a governance decision will generate returns.

Question 4

How should RARI’s supply and allocation be understood?

Accepted Answer

RARI has a total supply of 25 million tokens. The RARI Foundation lists allocation categories including the DAO treasury, investors and team, token incentives, and an airdrop; these categories indicate the uses or groups to which the initial supply was allocated. Total supply is not the same as the amount freely tradable in the market at a given time. Between creation and circulation, tokens may separately pass through allocation, holding, locking, or rule-based release states; allocation categories alone cannot establish the immediately circulating amount of any category, nor can they establish token price or holder returns.

Question 5

Does holding RARI mean owning equity in Rarible?

Accepted Answer

No. RARI is a governance token, and Rarible’s official materials describe it as a tool for participating in the RARI DAO and related ecosystem governance; it is not common stock in Rarible or another securitized evidence of ownership. Accordingly, the matters in which token holders can participate under governance rules differ from the corporate-law rights shareholders may ordinarily hold. Eligibility to participate in the DAO treasury, ecosystem funding, or protocol governance must not be described as a direct claim on the brand, company assets, profits, or dividends.

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