Basilisk and Robonomics Crosssss-Chain Integration

Our warmest greetingsssss to the Basilisk community! On behalf of Robonomics I propose to initiate the integration between the Robonomics and Basilisk parachains. In particular, we propose to open a bi-directional HRMP channel and add the XRT token to the Basilisk Snek Swap DApp.

About Robonomicssssss

Robonomics is a secure, serverless and futuristic IoT platform that connects users and smart devices. It enables the exchange of technical and economic information in the form of atomic transactions between user applications, IoT services, and complex robotics.

Robonomics is aimed at:

Serverless IoT applications for users for their privacy
Control of smart devices with a decentralized cloud for security and global availability
Performing technical and economic transactions between people and machines for service efficiency

Read more about Robonomics: https://robonomics.network

Robonomics use cases of ours and our partners:

Sovereign Smart Home: Make your smart home completely private and independent, using your own server with the ability to securely remote control your devices with Robonomics.
Feecc: the system that allows enterprises to build and customize their own quality control systems for products or services to suit their needs. It enables auditing the employees' access to the workplace and mining all data about work processes.
MerkleBot: Robots-as-a-Service platform that builds software for enterprises to make the process of financing, deploying and monitoring industrial robotics easier, which enables the smart leasing of industrial robots.
Robonomics Sensors Network: a civilian air quality monitoring network where anyone can deploy their own sensors and set it up in their home.

Why Basilisssssk?

Basilisk is a decentralized protocol with a community-first approach. All decisions affecting the protocol are adopted using democratic (and on-chain) processes. The permissionless and decentralized nature of the Basilisk protocol makes it an ideal match for Robonomics.

Robonomics XRT will be tradeable using the Snek Swap (XYK) pool Automated Market Maker (AMM) model, which will allow anyone to trade XRT tokens in a permissionless manner. This will significantly increase the ability for the Robonomics community to acquire parachain native XRT tokens and allow them to be able to initiate transactions on the Robonomics parachain.

Tokenomics of Robonomics

Our token exists on the Ethereum and Kusama networks and distributed in this way:

Total Supply (Ethereum + Kusama): 9,905,839.99, 100.00%
Circulation (Ethereum + Kusama): 1,302,823.34, 13.15%
Locked on Dutch auction contract (will be burn in 2023 due community decision): 7,000,000.00, 70.67%
Treasury of core dev DAO: 841,600.34, 8.50%
Parachain Treasury: 369,790.08, 3.73%
Parachain vesting: 93,712.77, 0.95%
Parachain Democracy: 29,346.63, 0.30%

Inflation Rate is -1.99% (due to the burning of the Treasury)

Robonomics is a platform that connects users and smart devices, allowing them to exchange technical and economic information. It is aimed at serverless IoT applications for users' privacy, control of smart devices with a decentralized cloud for security and global availability, and performing technical and economic transactions between people and machines for service efficiency.

Robonomics proposes to integrate with the Basilisk parachain by opening a bi-directional HRMP channel and adding the XRT token to the Basilisk Snek Swap DApp. Basilisk is a decentralized protocol with a community-first approach, making it an ideal match for Robonomics.

Robonomics XRT will be tradeable using the Snek Swap (XYK) pool Automated Market Maker (AMM) model, which will allow anyone to trade XRT tokens in a permissionless manner.

The token exists on the Ethereum and Kusama networks, and its total supply is 9,905,839.99. The inflation rate is -1.99% due to the burning of the Treasury.