Republic Note dividend pool reaches $1.71 million, achieving 85.5% of the dividend trigger condition
TechFlow news, May 5 — According to Crowdfund Insider, the dividend pool for Republic's profit-sharing digital asset project, Republic Note, has reached $1.71 million, hitting 85.5% of the $2 million dividend trigger threshold.
Republic Note will distribute profits to token holders via the Avalanche network in the form of USDC. The funds in the dividend pool come from profits generated by Republic's portfolio, including startups, blockchain projects, and established companies.
According to Republic's official website, the $2 million dividend threshold is designed to balance distribution frequency and impact, ensuring meaningful payouts while covering operational costs. Republic Note holders will receive notice at least four weeks prior to any dividend distribution.
Republic Digital Acquisition Company completed its $300 million initial public offering on Nasdaq on May 2, 2025, trading under the ticker symbol "RDAGU".
