High fixed APY in – 852,103.70%
Automatic Staking and Compounding in your wallet.
Interest Paid Every 9 Minutes: 160 Times Daily!
Automatic burning of supply every transaction.
empowers its investors to extensively compound their investments, as the new financial protocol rewards its investors 0.06142% interest in every 9 minutes with a compounding APY of 852,103.70% just by holding $RGE tokens in their wallet.
RAGNAROK Insurance Fund (RIF)The RIF serves as an insurance fund to achieve price stability and long-term sustainability of the Ragnarok Protocol by maintaining a consistent 0.06142% rebase rate paid to all $RGE token holders. Furthermore, staking rewards are backed by the RIF parameter, thus, ensuring a high and stable interest rate to the holders.
Ragnarok Treasury will be maximized to support the RIF and the project as-a-whole when an extreme price-drop in the $RGE token occurs. The treasury will also be used to fund the strategic marketing campaign of the team.
In every transaction, 2.5% of traded $RGE tokens are burnt in Ragnarok Flame. The more that is traded, the more $RGE tokens get burn which will then make the supply scarce. Moreover, the hyper-deflationary nature of the token, equates to a higher value of $RGE tokens.
The RIF serves as an insurance fund to achieve price stability and long-term sustainability of the Ragnarok Protocol by maintaining a consistent 0.06142% rebase rate paid to all $RGE token holders. Furthermore, staking rewards are backed by the RIF parameter, thus, ensuring a high and stable interest rate to the holders
