Rigel Protocol is bringing DeFi to everyone with the Gifting DApp
TALLINN, Estonia, Aug. 30, 2021 /PRNewswire/ — Rigel Protocol is set to bring new solutions to the Defi space, on both the BSC and the Ethereum chain, a Decentralized Protocol that aims to give to the community access to multiple instruments to expand the adoption of Blockchain technologies in daily life. The Rigel Protocol is completely designed, set up, developed, and driven by the community. All proposals and decision-making are established and decided within the community.
Some of the products already available are theSmartSwap DAppand theYield Farmingapplication – one of the most profitable Crypto Yield Farming programs on the Binance Smart Chain DeFi space. Up to 1,600 % APY in the RGP-BNB pool with other pairs providing very attractive annual rewards as well, like the BNB-BUSD pool, which offers a huge 330% APY. Exclusive NFTs, proportional to the liquidity value added to the pools, will be distributed in the future to the Liquidity Providers.
Gift DApp
TheGift DAppis the next decentralized application on the Rigel Protocol Road Map and testnet is live now. Check theTutorial Videoabout how to participate on the DApp testing phase. Most valuable feedbacks will be rewarded! The Rigel Protocol gifting system will allow users to win prizes and send gifts to their friends and followers. Other DeFi projects and Crypto influencers will be able to use the Gift DApp to reward their communities and fans.
Burning Events
The first RGP token Burning Event is set to be carried out in the next few weeks. Consequently, once every month, Rigel Protocol will carry out aToken Burn Event,which will include a 50% of the fees from all the transactions across the platform on each chain.
The more transactions and more users join the Rigel Protocol DApp ecosystem, the more will be the amount of tokens burned (taken out of circulation) each month, hence decreasing the circulating supply and supporting the token price uptrend dynamics while controlling inflation.
Token Exchange Listings
RGP is listing at theBitForex Cryptocurrency Exchangeon August 31, 2021. This will be the first CEX for the Rigel Protocol native token. Swapping and trading are already available in decentralized platforms like Pancakeswap,SmartSwapandUniswap.
RGP will be trading on both theBinance Smart Chainand theEthereum ChainatBitForex. A bridge between ETH and BSC will be available for the RGP token.
Security at the Rigel Protocol DApp Ecosystem
At Rigel Protocol, the security and the safety of the community are among the highest priorities.
Many crypto investors have fallen victim to fraudsters and hackers who perpetrate different scam schemes, when joining new DeFi projects. At the same time, many cryptocurrency “projects” are just so-called rug pulls, where the admins only intention is to collect as much money as possible, shut down everything and disappear.
Rigel Protocol has partnered with the Certik Foundation, a well-known and reputable player when it comes to decentralized security solutions. The RGP security audit, the platform native token, can be checked here: https://certik.org/projects/rigelprotocol (Fundamental protection and assessment)
As well, the Rigel Protocol has activated the Certik Skynet security intelligence engine with the Certik Shield protection coming right next, which will insure against hacks of up to $500,000 – $1,000,000. The Rigel Protocol also has token allocated insurance covering losses up to 3,200,000 RGP.
To learn more about Rigel Protocol, please visit its website at https://www.rigelprotocol.com/
Social links:
Twitter: https://twitter.com/rigelprotocol
Telegram: https://www.t.me/rigelprotocol
Medium: https://medium.com/rigelprotocol
YouTube: https://www.youtube.com/c/RigelProtocol
GitHub: https://github.com/rigelprotocol
Media Contact Details:
Company Name: Rigel Protocol
Company Email: [email protected]
Company website: https://www.rigelprotocol.com/
All investment strategies and investments involve the risk of loss. Consider doing your own research before making financial decisions related to any Crypto Company
SOURCE Rigel Protocol
