Rena

Current DeFi protocols face a variety of obstacles to gaining participation, generating sustainable yield, and maintaining overall longevity. RenaSwap provides effective solutions to these problems and lays the foundation for a new type of DeFi interconnectivity built on Volume Aggregation. Below we list the challenges typically faced by DeFi platforms today and how Rena as been engineered to solve them.

Problem: Inflationary token economic models can lead to devaluation of the token by flooding the supply with new token emissions. Solution: The RENA and ITS utility tokens avoid the downside of inflationary token economics and the dilution of token holders' share by using a deflationary token model. Here's how RenaSwap performs token burning:

• ITS and RENA Rebalancer smart contracts are refilled with ETH by smart asset routing on every RenaSwap transaction.

• Using a percentage of the ETH held in a Rebalancer, ITS or RENA tokens are market bought & burned each time a rebalance occurs.

• Since the amount of volume on RenaSwap determines how much ETH flows into the Rebalancers, the degree of buy & burn power that the Rebalancers have is a direct result of the total trading volume on RenaSwap.

• The effect of the deflationary model is moderated by these three factors: 1. price of the token, 2. the liquidity of the token on Uniswap, 3. the buying power of the Rebalancer.