$RARE serves as the art token, driving a network that includes digital art platforms, marketplaces, and launchpads. Those who stake $RARE receive rewards financed by onchain transactions from the broader art economy. At present, stakers are earning an APR of 57%.

SuperRare serves as the primary application developed on the Rare Protocol. Established in 2018, it holds the title of the longest-operating onchain art marketplace, having generated more than $330M in sales volume. The platform has acted as a starting point for numerous prominent figures in the digital art space. The $RARE token was created by the SuperRare community and has since been extended to a wider network of projects.

The primary function of $RARE is to allow users to track the art market and profit from its expansion.

Current APR: 57%

Staking $RARE offers a way to participate in the digital art sector as the $2T worldwide art industry shifts onchain. Rather than betting on single NFTs, which often carry high risk, low liquidity, and require significant time, stakers gain broad exposure to thousands of creators.

Those who stake $RARE receive payouts from the network treasury. These funds are generated by NFT and art coin transactions across a variety of associated platforms, launchpads, and initiatives, such as:

• SuperRare
• Transient Labs
• Botto
• 24 Hours of Art
• Offline Gallery (NYC)
• Good Vibes Club
• Rare Markets

Possessing $RARE also grants:

• Market insights and data analytics (through Rare Markets)
• Priority access to new art drops and pre-sales
• Lower fees on trades
• Invitations to private gatherings