[Ask RiFi Anything] : Addressing Pressing Concerns Once and For All

  1. Setting RiFi apart from its competitors, delivering a concrete message that represents the protocol as a whole.
  2. Expanding Rikkei Finance’s social outreach while making sure the ones who have been with us from the start are having the most satisfying experience.
  1. You want to hold a token (BTC, BNB ETH,…) but still want to have some stable coins left to invest in other projects. In this case, you can deposit BTC and BNB (ETH will be supported very soon) to our protocol and borrow the stable coins of your need.
  2. You believe the price of a token (BTC, BNB, ETH,…) will significantly drop and want to sell it short (sell a token you do not own at the time, in the hope of buying it at a lower price before delivery time). In this case, you can deposit a stable coin and borrow it, then sell it on a dex like pancakeswap. If the price of the token actually goes down, you can easily buy it “for cheap”, repay your borrowed amount, and still have some extras in your wallet.

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Rikkei Finance

Rikkei Finance

Rikkei Finance is a Web3 platform, encompassing a DeFi lending protocol and an NFT Marketplace; with a focus on NFT rentals and NFT based lending and borrowing.