Rainbow's acquisition proposal for Clanker has been rejected

ChainCatcher news, the Rainbow Foundation has proposed to acquire the Clanker protocol and announced the token distribution plan: SCLANKER holders will receive 4% of the total supply of the new Rainbow token SRNBW (approximately 20% of the TGE circulation); all assets in the Clanker treasury will be airdropped to SCLANKER holders; LP fees generated by the Clanker protocol will be permanently allocated to SCLANKER holders.

Rainbow promises to incorporate Clanker into its product ecosystem and provide SRNBW rewards for related transactions. Clanker responded that it informed Rainbow last week of its refusal to accept the acquisition, and there are differences in communication between the two parties.

Clanker officially announced today that it has rejected Rainbow's acquisition proposal.