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$RFI painting huge bull flag. 5,400+ holders. 100+ integrations by Jan. Still under $20MM market cap!
But what makes http://reflect.finance such a break through innovation in #DeFi ?
Thread below >>>
But what makes http://reflect.finance such a break through innovation in #DeFi ?
Thread below >>>
<<Frictionless Yield Generation. Simply Hold and Earn.>>
RFI works by applying a 1% fee to each transaction and instantly splitting that fee among all holders of the token.
RFI works by applying a 1% fee to each transaction and instantly splitting that fee among all holders of the token.
Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are
immediately reflected in the holders balance.
immediately reflected in the holders balance.
<<Enhanced ROI>>
Innovations in the http://reflect.finance smart contract allow certain addresses, like the Uniswap pool or exchange wallets, to be blocked from earning fees. Because of this,
Innovations in the http://reflect.finance smart contract allow certain addresses, like the Uniswap pool or exchange wallets, to be blocked from earning fees. Because of this,
100% of the fees generated go to holders of the token. The percentage of fees you earn is calculated by the percentage of RFI that you own among holders. This generates a much higher yield than would be possible otherwise.
<<Dual Yield Capability>>
In most #DeFi apps, users must stake or park their tokens in a contract to earn yield. $RFI holders can use their tokens in third party lending, #YieldFarming farming, or any other smart contract in addition to earning yield from the transaction fees.
In most #DeFi apps, users must stake or park their tokens in a contract to earn yield. $RFI holders can use their tokens in third party lending, #YieldFarming farming, or any other smart contract in addition to earning yield from the transaction fees.
To facilitate this, the RFI smart contract exposes some new methods that allow staking contracts to easily determine the fees earned by each holder for any period of time even when funds are pooled together. This is a huge leap that enables staking of RFI and dual yield gen
<<True Decentralization>>
There is no team or central party that awards fees with RFI. There is no interface needed to claim the fees. No action needs to be taken on the part of the holder other than to hold RFI in a wallet they control.
There is no team or central party that awards fees with RFI. There is no interface needed to claim the fees. No action needs to be taken on the part of the holder other than to hold RFI in a wallet they control.
With RFI, there are no vaults that could be hacked and drained or treasury funds that could be mismanaged. There is only the free market. The RFI smart contract is complete at launch. There was no ICO, no pre-sale, and no fundraising of any kind. There are no more features to add
