🏦River Bank Overview
Project Briefing
Last updated
Project Briefing
Last updated
River Bank Finance is focused on DeFi innovation that creates benefits and value for $RFI token holders. Our auto-staking protocol that is used within the $RFI token grants exceptional benefits for holders of $RFI.
Low Risk with the Insurance Fund – 5% of all trading fees are stored in the RBF Insurance Fund which is used solely for buybacks which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
Easy and Safe Staking – $RFI token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there’s no more complicated staking processes at all.
Interest Yield with Automatic Payments – You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
High APY – River Bank protocol pays out at 185,426.67 % in the first 12 months which rivals anything in the DeFi arena to date.
Interest Payments – River Bank Protocol pays every $RFI Token holder each and every 15 minutes or 96 times each day.
Auto Token Burn – One of the exciting features of the River Bank Protocol is an automatic token burn system named “The Fire Pit” which prevents circulating supply getting out of hand and becoming unmanageable. The Fire Pit burns 1% out of all $RFI Token market sales and is burned in the same individual transaction
River Bank Protocol uses a complex set of factors to support its price and the rebase rewards. It includes the RBF Insurance Fund which serves as an insurance fund to achieve price stability and longterm sustainability of the River Bank Protocol by maintaining a consistent 0.02355% rebase rate paid to all $RFI token holders every 15 minutes.
