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RIFPRO
RIFP is a token designed for RIF holders who want free leverage and coded income. RIFP allows RIF holders to generate a coded income from other users interacting with the platform. However, RIFP tokens are exposed to more volatility than RIF.
RIFPro Main Features:
Free Leverage
RIFP tokens can be staked to allow the issuance of RDOC stablecoins. These tokens absorb the volatility of RDOC, generating a small leverage. This means that if RIF increases in price, RIFP will increase slightly more, and if RIF decreases in price, RIFP will decrease slightly more.
Fees Paid in the Protocol
50% of the fees paid by users interacting with the ROC protocol are distributed to RIFP token holders, which increases the value of RIFP tokens over time.
RIFP Earns Interest
The protocol allows RIFP tokens to “sell” the leverage inherited from the RDOC stablecoin to RIFX. RIFX users pay an interest rate for trading the RIFX leverage asset, and the ROC system distributes that interest to RIFP token holders, which appreciates the value of RIFP.
Fees Paid by RIFPRO
RIFPRO pays 0.25% per year of its value to the MOC protocol. This fee is deducted every week, approximately 0.0048% per week.
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