Ricochet Finance($RIFI):

The Problem

  1. Price and Market risk: Price movements of a specific token or the market as a whole that negatively affect the token holder.
  2. Trust related risk: Individuals or teams behind a project performing actions that negatively affect the token holder (rug pulls, large token unlocks and dumps, etc..)
  3. Security risk: Vulnerabilities in smart contracts or interfaces that the token holder interacts with.
  4. Economic Design risk: Tokenomics that are poorly designed and unsustainable.

The Solution

  1. Price and Market risk: These risks come with any free market. Anyone claiming to guarantee a specific yield or eliminate this risk are lying to you.
  2. Trust related risk: No ICO, No Pre-sale, No Fundraising. No vaults or treasuries. No community funds that could be mismanaged. No website or interface is required for the token to function. As long as BNB exists, RIFI fees will be generated and distributed with each transaction.
  3. Security risk: Because fee generation AND distribution is baked into the core smart contract, security risk is greatly reduced. No external contracts or interfaces need to be interacted with in any way.
  4. Economic Design risk: RIFI has a fixed cap of 3M. The yield comes from transfer fees instead of newly minted tokens. As you earn fees, the percentage of the total supply you own is increasing. Earning network fees is an established and tested method of earning yield.

The Elephant in the Room — Opportunity Cost

A Fair and Free Market

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Ricochet Finance

Ricochet Finance

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