Introducing ‘Learn Protocol’ (LRN)
Learn Protocol (Formerly $REHAB) was born out of an idea from the founder Ben Huddy, who had just come over to the Solana ecosystem from Ethereum amidst a plethora of influencer tokens being generated daily that either a) dumped coins on investors or b) rugged the project, removing liquidity.
Exhibit A: A Coin with the ticker $SCAM, created by the influencer ‘Sabian’. This was promoted as an anti-scam meme coin. It was in less than 48 hours that this coin was rugged by the founder who sold off $70,000 USD.
Result: Ben created a telegram called REHAB for the $SCAM holders who were affected in order to help them.
This was when $REHAB was born, a safe place for those who have been scammed. The idea quickly developed into something bigger as Ben saw an opportunity to educate, guide and help investors.
A portion of Learn Protocols Token Allocation will be used to reimburse $SCAM holders and pre sale buyers (who never received their tokens). Learn Protocol, utilizing a doxed founder and CEO, wants to bring trust and transparency to the Solana network to help educate, advocate and foster adoption while also building out a suite of utility products that strengthens the ecosystem.
LRN will accomplish this by building out a community platform that includes staking & borrowing/lending with a strong focus around completing safety courses and education before/during and after usage, slowly becoming a one-stop shop for all crypto products for new and old timers into crypto. Learn to Earn.
A small allocation of the revenue generated will go towards the $SCAM Foundation, that helps recoup losses for those affected by nefarious projects, and a carefully selected team will be put together to monitor, verify and allocate funds. Further, a smaller portion of revenue generated will go towards Autism Awareness and Resources. (5% TOTAL)
Roadmap:
Pre-Sale Information:
Address: AKnDSh3ppFRyADkHcw3Xi2ct6iwmmr4CV87u45sQu5G
Max Limit: $2,000 USD per person
All entrants into the pre-sale will receive 20% off the initial market cap. The pre-sale tokens will be airdropped just prior to launch on the 3/13. The supply, allocations and tokenomics will be released just prior to the pre-sale ending.
$SCAM Compensation Plan:
Ben released a Google Form for $SCAM holders affected by the Sabian scam to verify wallet holdings. After careful feedback and consideration, it has been decided that generously, for all those affected by $SCAM, regardless of holdings, will receive a $100 Airdrop of $LRN tokens two weeks after launch at 9:00AM 3/27/2024. This ensures Learn Protocol remains healthy, and also recognises those who helped Learn Protocol evolve. As we continue to build out our products, we hope this amount will eventually be a considerable difference to those affected.
Furthermore, all wallets verified to of held $SCAM during the affected period will be entitled to a special ‘REHAB’ NFT mint that will have benefits for both the staking & lending/borrowing products. All holders will receive accelerated percentages.
The Google Form will close on the 3/11 and final verifications will be underway. You can find it here https://forms.gle/Uz53tk3yZwwDjWc66.
What's Next?
The pre-sale will run for two weeks between 2/26 — 3/11. As outlined in roadmap, during this time, Learn Protocol will release the website and whitepaper with the tokenomics. Meanwhile, a big portion of this two weeks will be spent finalising documentation/branding, onboarding new members via pre-sale, building our community and preparing our marketing plans. Learn Protocol will then launch on the 3/13. We will be adhering strictly to the roadmap.
Socials
Telegram: https://t.me/lrnprotocol
Website: learnprotocol.xyz (coming soon)
