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Q DeFi Rating and ROI Analytics is a place where you can find all the latest information about new coins and DeFi projects as well as learn many interesting facts about the crypto industry. This is your up-to-date literacy class within the blockchain sphere! Every day, we collect the latest information about the DeFi industry and all its ups and downs. Today, we’re reviewing Rari Capital.
Rari Capital was launched in 2020 in response to the appearance of a huge number of liquidation mining services, many of which were essentially a huge financial pyramid and very often deceived their users. It should be noted that when the first version of the Rari platform was launched, the maximum deposit amount reached only $350.
The ecosystem of Rari Capital
As for the pools where users can deposit their funds, there are 3 pools currently running on the platform: low-risk, medium-risk, and high-risk. Funds invested in the first two pools are exchanged for stablecoins and distributed among the most stable DeFi protocols such as Curve, Compound, Aave, and CREAM. In the third pool, funds are exchanged for Ethereum, so users receive income in Ethereum, with which they can either lose or earn on the Ethereum rate.
It should be noted that the platform applies the main cryptocurrencies and altcoins to the deposit, which are automatically exchanged for USDT, USDC or Ethereum.
Participation in the pools
For participating in the pools, users receive RGT tokens. This is a governance token and in the future, a platform for DAO project management will be launched. Each user can vote or come up with an idea for implementation on the platform there.
In addition, its management said that up to 70% of the platform's revenues will be used to support the price of the RGT token, which will increase the viability of the platform.
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