minebit

RAI Finance Airdrop Review: Now Deposit BEP20 RAI Tokens

RAI Finance Airdrop Review: Now Deposit BEP20 RAI Tokens

About RAI Finance Airdrop

RAI Finance Airdrop is a protocol designed to provide DeFi with a wider range of assets, a higher amount of liquidity, and a diverse set of financial use cases. When this feature set is combined with the cross-chain compatibility of the Polkadot ecosystem, it eliminates fragmentation across the existing DeFi ecosystem by bringing a complement of new assets and a higher amount of liquidity to decentralized finance.

BasicDetails
Token NameRAI Finance Airdrop
PlatformBinance Smart Chain
Airdrop Start2021-07-01
Airdrop End2021-07-05
KYCKYC Is Not requirement
WhitepaperClick Here To View
Total Value$2,000 RAI
Collect AirdropClick Here To Collect Free Airdrop

How To Join RAI Finance Airdrop

First Step

Create an account at BitWell.

Second step

Now deposit BEP20 RAI tokens.

Third Step

The first 500 users who deposit RAI will share a pool of $2,000 in RAI.

Fourth Step

The airdrop will only be valid if at least 1,000 users deposit RAI.

Fifth Step

For more information regarding the airdrop, see this article.

The Current DEX Ecosystem

  1. Unsustainable Network Fee
  2. Dependent on Single Base Layer Protocol
  3. Lack of Diversity Among Asset Types

Features

Secure Off-chain Transactions

RAI Finance Airdrop improves the scalability of automated market-making and yield strategies through secure off-chain transactions. By leveraging Zero-knowledge Proofs for trustless computation and cryptographic accumulators for immutable data storage, it is possible to provide a layer 2 solution that supports scalability, transparency, and privacy in transactions.

Cross-chain Asset Capability

In order to reach a wider variety of asset types, Rai Finance will be launched on a para chain and integrated into the Polkadot ecosystem. This allows the protocol to increase the number of assets supported by utilizing the cross-chain compatibility of the Polkadot relay chain.

What are RAI Finance Pools?

Automated Market-Making Variability

RAI Finance liquidity pools can manage a variety of automated market-making (AMM) services to provide liquidity to different digital markets, with the objective being to choose automated market-making algorithms to maximize revenue for different asset pairs.

Constant Function Market-Makers

RAI Finance will support multiple Constant Function Market-Makers(CFMM), similar to Uniswap, Balancer, and Curve.

Logarithmic Market Scoring Rule (LMSR)

Introduced first by Hanson in the late 90s/early 2000, the LMSR gives a scoring rule for prediction markets. RAI Finance protocol will provide an AMM optimized for the different relationships between asset pairs. Algorithm flexibility is essential to maximize profits and minimize the risk of liquidity providers while securing more assets for users to trade efficiently.

Unique Assets

RAI Finance Airdrop is designed to support the creation of unique assets that do not cur- rently exist in the liquidity pools. These include and are not limited to tokenized trading strategies, yield generating strategies, and future financial strategies.

  1. User-Defined Trading and Yield Strategies
  2. Tokenized Sets and NFTs

RAI Finance Token (RAI)

RAI, the native token for RAI Finance is an essential component of the protocol and employs many functions in the ecosystem. The following utilities reflect the current status of the token that can be subject to change based on future governance proposals.

Transaction Fee Burn

RAI Finance Airdrop requires a % transaction fee for each transaction. Transaction Fees are divided into 50% of the fees de- livered to the liquidity provider and the remaining 50% into RAI token burn.

Asset Generation

Both users that create assets based on their trading or yield strategies and users who invest in these strategies must stake RAI which correlates directly with their exposure.

Governance

RAI Finance token has a governance function for the protocol where token holders will vote on parameters but not limited to transaction fee burn, liquidity mining, pool staking fees, etc.

Network Incentives

A major portion of RAI is allocated to attract and reward users and traders for providing liquidity on the protocol. AMM variability ensures users can maximize their profit by selecting the best liquidity pool while also receiving RAI.

Disclaimer:

Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. We Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.

One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People