Pushing the bounds of DeFi with Rigel Protocol
Since the inception of Spherium Finance, we have always remained focused on mainstreaming DeFi and addressing every complexity that hinders its ability to bring a mass-scale adoption.
Reinforcing Spherium’s commitments to share DeFi in the most user-friendly manner, advocating the different structures in it to become more interoperable and understand investment at a deeper level.
Adding more thrust to the Cross-Chain ecosystem and bringing more utility for $SPHRI holders we are bringing a new partner, bound in a two-way strategic partnership to showcase each other’s communities and the whole space of Web3. We are partnering up with Rigel Protocol to bring a host of utilities to both communities.
Elaborating Spherium’s Cross-Chain Ecosystem
In our ultimate journey to advance every Web3 project connected to all mainstream EVM chains, we are taking a big stride as we welcome Rigel Protocol onto our bridge, to help move a portion of their liquidity from Polygon chain to BNB.
Rigel Protocol’s native token $RGP will be available to Bridge actively on HyperBridge. This will invite all $RGP holders to HODL their token on any of the aforementioned chains, experiencing first hand the power of moving cross-chain.
Adding Farming Capabilities through Rigel Protocol
Spherium’s partnership with Rigel extends to using their protocol and adding $SPHRI into their ecosystem as well. Rigel’s Pancakeswap LP Farming Pool will feature $SPHRI with a staggering 2500% APY. This is a great way for all the $SPHRI HODLers to add liquidity onto PCS, acquire LP Tokens and Farm them at Rigel’s PCS LP Farm for an extra incentive.
Furthermore, to celebrate this partnership, a smartbid event will be held for the $SPHRI community, to gain further from their bullish stride towards Spherium and its ecosystem.
This is a crucial step in our journey to add more value and bring interesting opportunities to our network and we are excited to kickstart this elongated partnership with Rigel Protocol.
About Rigel Protocol
Rigel Protocol is the blockchain Decentralized protocol for all your Defi Needs. A protocol built to improve and touch up existing Decentralized Finance (DeFi) features while introducing several innovative DeFi products to propel scalability, security in the Blockchain, user experience, and adoption. At Rigelprotocol, we are focused on building Dapps with the best user experience at low fees.
Several DeFi products featured are smartswap operations, automated dexes trading, Liquidity mining, Launchpad & Product Token offering services, Influencers & New projects rewarding systems, and other innovative features.
Join community:
Twitter: https://twitter.com/rigelprotocol
Telegram Channel: https://t.me/rigelprotocol
Telegram Updates: https://t.me/rigelprotocolupdates
Medium: https://medium.com/rigelprotocol
Website: www.rigelprotocol.com
About Spherium Finance
Spherium Finance is empowering the cross-chain community by developing a suite of DeFi applications that will be fully cross-chain compatible, including a Bridge, Universal Wallet, Token Swap platform, Money Markets, Staking services, Lending/Borrowing protocol, and inter-blockchain liquidity transfer.
To find out more about Spherium Finance, please visit our website, follow us on Twitter, and join our Telegram group.
