[5 REASONS WHY SERIES]: Rikkei Finance as a Well-structured Metaverse DeFi Protocol
$RIFI now can be purchased on:
Huobi Primelist: https://www.huobi.com/en-us/exchange/rifi_usdt/
Rikkei Finance is super excited to welcome a substantial number of newbies joining our community recently. The “5 Reasons Why” Series will reveal extensive information about Rikkei Finance so that you all can do your own research and understand more about us before making your investment!
As its name suggests, the “5 Reasons Why” Series will disclose 5 reasons why Rikkei Finance is a smart choice for your great investment. The series will start with the first reason: Rikkei Finance is a Well-structured Metaverse DeFi Protocol.
Rikkei Finance is a Well-structured Metaverse DeFi Protocol with 5 main zones: Sport & Recreation Center, Farming Zone, NFT Marketplace, RiWork and Governance, DAO & Lending. All will eventually support the development of Rikkei Finance’s core product — LENDING.
Sport & Recreation Center
On October 12, 2021, Rikkei Finance introduced our very first product, the unique game called RIFI United, which paves the way for future NFT lending, one of 3 main features of Rikkei Finance.
RIFI United is a metaverse football NFT game, where you can satisfy your passion for the football field and earn a lot of money by becoming the manager of a football club, owning lands, players, staff, stadium and lots of different items, from the regular to the legendary NFTs. It is designed with numerous and fanciful gaming activities centered around the players. The gameplay is miles ahead of other football manager games, not least because the RU takes a unique approach to spice up the scenery. Your job is to create teams based on likeness and the ability to work together, as opposed to creating an all-star team.
RIFI United successfully conducted IDO for its ingame token $RU on November 9, 2021, followed by the list on PancakeSwap and MEXC Exchange. An exclusive NFT Legendary Auction Event was also launched on Binance NFT with the total NFTs being traded of 26,205.36 USD. In addition, players are now free to trade the NFTs on RU NFT Marketplace, and stake RU/NFTs in the RU NFT Farming Vault. The game is going to have its Alpha Test launched on Dec 31, 2021, followed by the Beta Test on Jan 15, RU Players Training on Feb 22, and the RU Champion League on March 15, 2022. Please refer to THIS LINK for the detailed upcoming plan of RIFI United.
Participating in the lending protocol, a variety of investing methods is available for you including LP Farming, NFT Farming and Boost Farming, which allows you to stake RIFI or dually stake RIFI & NFT and earn huge APY.
For now, you can earn profit by taking part in the RIFI-TITA vault which opened yesterday. In the event of a bear market where investors begin to pull funds out of the vault and sell their rewards, the RIFI-TITA vault is an investment method where you could be protected from market fluctuations and broaden your investment portfolios. The vault is now available at https://apps.rikkei.finance/vault/tita and you can check here to know how the vault works: https://medium.com/rikkeifinance/stake-rifi-to-earn-tita-in-the-rifi-farming-vault-bc849ed216f7
High liquidity and a wide range of NFTs are provided at an affordable price, which stimulates the NFT collateralization of Rikkei Finance Lending Protocol. The coming-soon NFT Marketplace is built with the NFT rental services, allowing you to borrow NFT from RIFI NFT pool.
The RiWork zone is developed to ensure Rikkei Finance’s system sustainability including 2 sub-products: Market Analysis, which guarantees the transparency of our asset selection process and our system sustainability planned to go live at the end of December 2021 and Token Index, aiming to keep the community up-to-date with all latest information and insights about the top coins.
Governance, DAO & Lending
Rikkei Finance is a secure metaverse that will be user-centric in which the benefits of users are of the utmost importance in the Rikkei Finance protocol. It is also a safe and secure open lending system for frictionless borrowing of any blockchain-based tokens, allowing proper money markets to function and creating a safe positive-yield approach to storing assets.
What is our upcoming plan?
Market Analysis is going live at the end of December 2021, followed by the RIFI Lending Testnet and Campaign Bug Bounty at the beginning of January 2022. At the end of January 2022, RIFI Lending Mainnet will be launched after Testnet, available on BSC with the first 5 types of collateral introduced. In February 2022, RIFI Lending will go live on Ethereum. In March 2022, multiple types of RIFI Vault will be opened with the Lending supporting Polygon. Please keep in mind that the plan is subject to change and is in no way final. Visit HERE for our roadmap for the upcoming plans!
About Rikkei Finance
Rikkei Finance is a Metaverse DeFi Protocol, enabling a Safe and Secure Open Lending with core features: Cross-chain support, NFTs lending, and Liquidation coverage. It utilizes blockchain tech that enables cross-chain integration, meaning it can accept digital assets that operate on any blockchain network and render it at an equivalent rate, making them a real-time currency exchange network.
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