Rari Defi Coin Review: Earn yield and More with Rari Capital

About Rari Defi Coin

Rari Defi Coin is working on building a series of products with the goal of increasing market efficiencies within the crypto-sphere. The first product is software that can rebalance users holdings across a series of protocols to deliver the highest yield. Each user’s share of the fund is determined by their RFT balance. When you deposit funds to Rari, an equivalent amount of RFT (Rari Fund Token) is minted to your account.

When you withdraw funds to Rari, the equivalent amount of RFT is burned from your account. As soon as you deposit, you start earning yield. Essentially, fund holdings and yield are split up proportionally across RFT holders by their USD balances. RFT’s value is equivalent to stablecoins + the yield accrued on them.

Quick Fact About Rari Defi Coin

How to Deposit

Step 1: Connect a wallet

The Rari Defi Coin Protocol currently supports MetaMask, WalletConnect, Portis, Torus, Formatic, and Authereum. If you do not have a wallet, we recommend you refer to this guide for MetaMask. Users can connect their wallets by selecting the “Connect Wallet” button on the Rari Capital App landing page at v2.rari.capital.

Step 2: Choose a pool

Once connected, users can view the multi-pool dashboard, equipped with a comparative graph of the returns between each pool. Users may then deposit into the pool(s) of their choosing by selecting the transaction button (the button with two arrows). This will prompt the deposit window, where users can select a supported asset of their choice to deposit.

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Step 3: Deposit a supported asset

After choosing a pool and selecting the deposit button, users can then select any of the supported crypto-assets and deposit them within the pool. This can be done by selecting the asset menu, choosing your desired asset, inputting your desired amount, or hitting the “max” button to select the maximum amount in your wallet, and hitting the deposit button. For MetaMask users, you will then receive a transaction approval window, where first-time users must approve contract interactions, and all users must approve of individual transactions.

It is worth noting that depositing in a currently active token will require less gas for the transaction than depositing an inactive asset. This means that it will use more gas to deposit an inactive asset, as it will also need more swaps to reach an active asset.

Additionally, you are able to deposit hundreds of different assets that will instantly be swapped on deposit through the integration with 0x.

Step 4: Track your interest accrued

After depositing, your returns can be viewed either within the individual pool dashboards or on the multi-pool dashboard, where you can rotate through returns across the entire protocol for various time periods.

How to Withdraw

Step 1: Connect a wallet

The Rari Defi Coin Protocol currently supports MetaMask, WalletConnect, Portis, Torus, Formatic, and Authereum. Users can connect their wallets by selecting the “Connect Wallet” button on the Rari Capital App landing page at app.rari.capital. This allows users to view and interact with their deposited funds.

Step 2: Choose a pool

Once connected, users can view the multi-pool dashboard. Users may then withdraw from the pool(s) of their choosing by selecting the transaction button (the button with two arrows). This will prompt a new window.

Step 3: Withdraw into a supported asset

After choosing a pool and selecting the transaction button, users can then toggle the withdrawal function with the gear button in the top right. Then, select any of the supported crypto-assets and withdraw from the pool. This can be done by selecting the asset menu, choosing your desired asset, the amount, and by pressing the “Withdraw” button.

It is worth noting that it will cost less gas to withdraw in any tokens currently active within the protocol, as it will require fewer swaps. Conversely, this means that it will require more gas for withdrawals in assets not currently active.

Mission is to enable anyone to earn yield. Easily.

Rari Capital was founded upon a principle whereby yield could be generated without speculation, and instead: utilization. Rari Capital is managed by the $RGT which manages governance over all of the Rari Protocol, a DeFi robo-advisor for maximizing yield.
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The Rari Protocol is pursuing a DeFi Manifest Destiny of sorts. Yield aggregation is just the start…tranches, fuse, governance and a hell of a lot more are coming soon–we are working to build Finance 2.0.

Let’s take this world from the corrupt hedge funds and centralized institutions that have hurt the masses for centuries. Let’s give it back to the people. And that begins with the yield.

Get Started Today

Start earning with the yield aggregator product. It’s as easy as depositing and watching the number go up.

More than just a yield aggregator

Earn

Deposit your crypto-assets to automatically begin earning the highest yield in DeFi. Beginning with stables and ETH.

Tranches

Hedge interest rate volatility and underlying platform risk through the use of tranches.

Governance

Participate in governance to develop the future of the Rari Protocol, all based on the $RGT.

Fuse

Rari Defi Coin An open interest rate protocol. Borrow and lend with any assets.

Tanks

Vaults but for arbitrary actions. Including depositing into Rari.

Institutional Access

An institutional facing portal for the whale friends.

Infinite Possibilities

1. Tranche out potential interest rate movements easily.
2. Earn the highest APY on USDC, Dai and ETH at all times.
3. Participate in governance and the future of the protocol.

How does Rari Earn Yield?

Currently, Rari Defi Coin product optimizes for yield across a series of stable-assets (swapping via 0x) in the stable and yield pools and Ethereum in the ETH pool. It earns yield by lending and farming across various DeFi protocols like Compound, dYdX, KeeperDAO, mStable, yEarn, and Aave. They are actively expanding strategy set to focus on more sustainable yields off of the chain. They expect lending to compose the minority of the pool’s allocation once mass protocol expansion has begun.

Disclaimer:

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