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Rivemont is a brainchild of a few dedicated cryptocurrency developers from around the world. We wanted to find one major problem and try to better it, we did just that with the ground-breaking Rivemont project. Rivemont functions just like Sushiswap, which offer it's users the opportunity to partake in a new liquidity pool through staking Rivemont's native ERC-20 token (RVMT token).
Participants who stake RVMT token will enjoy benefits such as governance rights for the protocol layer and rewards to those contributing to the Rivemont liquidity pool through the protocol's fee (even after they have stoped staking in the liquidity pool).
Rivemont has a clear goal and is focused on being the best multi-chain yield farming platform covering Ethereum, Tron and Binance Smart Chain via its various forks.
The RiveMont token will be given to Liquidity Providers (LPs) to incentivize them to stay with the protocol. Holding the RiveMont token means holding a share in the governance of the protocol. All RiveMont token holders can decide the subsequent chains to implement RiveMontSwap on, how much RiveMont to distribute to LPs in the new chain, which new token projects RiveMontSwap should support, etc.
