Dear R2 Community,

Season 1 marked R2's product execution phase. We are deeply grateful to every early user who placed real capital, interacted with the protocol, and helped us turn core ideas into working infrastructure.

Season 1 officially concludes on December 26, 2025.

• Current participants: 808 users

• Current live TVL: $8.61M USDC

• Key partners: VanEck, Apollo, Securitize, Mercado Bitcoin, and others

Throughout Season 1, R2 deepened its collaboration with multiple asset managers and funds. Subscription, accrual, and yield distribution for real-world assets were successfully executed on-chain, completing a full real-yield lifecycle.

R2’s core systems operated continuously and reliably during Season 1. Yield settlement, points accounting, and user-facing data queries were completed without any security incidents or fund-related issues.

In parallel, we have been advancing multiple strategic distribution and ecosystem initiatives. R2’s Token Generation Event (TGE) is currently planned for Q1 2026.

Season 1 represents a shared milestone with our earliest users, and the starting line for R2’s next phase.

To thank early participants while preserving long-term certainty and sustainability, we will distribute Season 1 rewards as follows:

• All Season 1 users will receive R2 Token allocations based on accumulated points

• A dedicated page on the R2 website will display:

  • Points earned

  • Corresponding R2 Token allocation

• R2 Tokens will be claimable after TGE

This follows the original Season 1 design: points represent contribution and long-term participation.

As a direct expression of gratitude, and a small holiday gesture, all Season 1 participants will receive an additional USDC reward, calculated proportionally based on points contributed.

• One-time distribution

• Directly claimable via the R2 website

• Independent of token allocation

This reward is intended as a straightforward and tangible thank-you to our earliest supporters.

For users who participated through the R2 × Bitget Wallet campaign:

• Rewards will be distributed according to Bitget Wallet’s campaign rules

• Claiming and reward details will be available directly within the Bitget Wallet app after the campaign concludes

Season 1 was not an endpoint, it was the foundation.

R2 will continue to focus on real-world yield, transparent redemption mechanics, and long-term sustainability, delivering each stage with clarity and accountability.

Thank you for building with us from the beginning.
Season2 is where we scale, carefully, responsibly, and for the long term.

— The R2 Team

Dear R2 Community,

Season 1 marked R2's product execution phase. We are deeply grateful to every early user who placed real capital, interacted with the protocol, and helped us turn core ideas into working infrastructure.

Season 1 officially concludes on December 26, 2025.

• Current participants: 808 users

• Current live TVL: $8.61M USDC

• Key partners: VanEck, Apollo, Securitize, Mercado Bitcoin, and others

Throughout Season 1, R2 deepened its collaboration with multiple asset managers and funds. Subscription, accrual, and yield distribution for real-world assets were successfully executed on-chain, completing a full real-yield lifecycle.

R2’s core systems operated continuously and reliably during Season 1. Yield settlement, points accounting, and user-facing data queries were completed without any security incidents or fund-related issues.

In parallel, we have been advancing multiple strategic distribution and ecosystem initiatives. R2’s Token Generation Event (TGE) is currently planned for Q1 2026.

Season 1 represents a shared milestone with our earliest users, and the starting line for R2’s next phase.

To thank early participants while preserving long-term certainty and sustainability, we will distribute Season 1 rewards as follows:

• All Season 1 users will receive R2 Token allocations based on accumulated points

• A dedicated page on the R2 website will display:

  • Points earned

  • Corresponding R2 Token allocation

• R2 Tokens will be claimable after TGE

This follows the original Season 1 design: points represent contribution and long-term participation.

As a direct expression of gratitude, and a small holiday gesture, all Season 1 participants will receive an additional USDC reward, calculated proportionally based on points contributed.

• One-time distribution

• Directly claimable via the R2 website

• Independent of token allocation

This reward is intended as a straightforward and tangible thank-you to our earliest supporters.

For users who participated through the R2 × Bitget Wallet campaign:

• Rewards will be distributed according to Bitget Wallet’s campaign rules

• Claiming and reward details will be available directly within the Bitget Wallet app after the campaign concludes

Season 1 was not an endpoint, it was the foundation.

R2 will continue to focus on real-world yield, transparent redemption mechanics, and long-term sustainability, delivering each stage with clarity and accountability.

Thank you for building with us from the beginning.
Season2 is where we scale, carefully, responsibly, and for the long term.

— The R2 Team