Republic Note

when

Million

Avalanche

Note

There is now over&nbsp;$1 million in the Republic Note dividend pool. As a reminder, the Note dividend pool&nbsp;increases when Republic is able to sell qualifying investments it has made for cash and allocates a portion of the proceeds to an interest-bearing account that is specifically designated for the Note. Note holders will receive dividend payments when the Note dividend pool reaches $2 million.
When we pass the $2 million mark, dividends will be distributed to anyone holding&nbsp;Note tokens in their wallet on the Avalanche token network in the form of <a href="https://thenewscrypto.com/circles-usdc-surpasses-tethers-usdt-in-monthly-transactions/" target="_blank" rel="noopener noreferrer nofollow">USDC</a>.
Although this marks a significant achievement, it is important to note that it is just the start. Republic’s portfolio is geared for long-term growth, with potential in hundreds of firms across dozens of categories and stages. Among the businesses in the portfolio are Gumroad, Avalanche, Carta, and SpaceX. Republic intends to swiftly increase the dividend pool over the next quarter, with a continued emphasis on providing value to each and every Note holder. In the near future, we want to provide Note holders even more exclusive benefits and even greater integration&nbsp;with other Republic products.
Presently, the primary contributors to the Note’s dividend pool are Republic’s two main investment divisions, U.S. Retail and Capital. Republic intends to keep expanding the upside opportunities for Note holders as it grows in order to accelerate the expansion of the Note dividend pool.
In the event that you missed previous updates:
<ul>
 <li><a href="https://republic.com/note/you-re-invited-vc-files-ryan-hoover" target="_blank" rel="noopener noreferrer nofollow">Note holders exclusive: VC Files (ep.3), featuring Ryan Hoover</a> →</li>
 <li><a href="https://republic.com/note/portfolio-news-roundup-june-highlights" target="_blank" rel="noopener noreferrer nofollow">Latest news from Note portfolio companies</a> →&nbsp;</li>
 <li><a href="https://republic.com/note/youre-invited-vc-files-kamal-ravikant" target="_blank" rel="noopener noreferrer nofollow">Note holders exclusive: VC Files (ep.2), featuring Kamal Ravikant</a> →</li>
 <li><a href="https://republic.com/note/offers" target="_blank" rel="noopener noreferrer nofollow">Note holders exclusive: Deals and Offers for Note holders</a> →</li>
</ul>
<a href="https://republic.com/note/nfc-magic-t-shirts-shipped" target="_blank" rel="noopener noreferrer nofollow">Note holders exclusive: NFC-chipped swag shipped</a> →

Republic’s Premier Note Dividend Pool Surpasses $1 Million Milestone

TheNewsCrypto

Other articles published on Jul 23, 2024

These SHIB, XRP, ADA Trading Pairs to Be Delisted by Major Crypto Exchange

8 Reasons to Be Bullish on Crypto in Q4

Chainbase Series A Funding Secures $15M Led By Tencent Investment

Global CEO, Linda Rottenberg’s visit restates Endeavor’s commitment to the Nigeria tech space 5 y...

Bitcoin Faces Challenges as Altcoins Show Potential

Bitget Revamps Spot Liquidity Incentive Program, Launches Recruitment Drive for Market Makers

Join our free newsletter for daily crypto updates!