Auto-Invest - Rigelprotocol is designed to introduce new solutions to the Defi space, a decentralized protocol that aims to provide the community with access to several tools to increase the adoption of blockchain technologies in everyday life. The Rigel protocol is entirely designed, configured, developed and managed by the Rigel protocol community. All suggestions and decisions are made within the community.
Description of Auto-Invest - Rigelprotocol
Rigel Protocol — a decentralized Blockchain protocol for a diverse set of DeFi products, introduced to improve scalability, blockchain security, user experience and adoption.
RigelProtocol Yield Farming provides a decentralized platform for maximizing yield and rewards for liquidity providers. DApp Yield Farming will allow users to farm tokens for a specified period, based on the assets, supplied to the platform with a very attractive APY (annual return percentage) and inflation rate.
Site features:
| Liquidity | After depositing your trading token, you can choose a pair with the specified token and set your preferences. You get up to 100x leverage on the amount of your deposited tokens for trading. |
| Farm | When you trade with leverage, you get more profit. From your earnings, your leveraged tokens are automatically removed with interest, and you get more profit. |
| Exchange | In order to receive leverage tokens for trading, you need to deposit a certain amount of tokens. So, to get started, you go to the SmartSwap Dapp and deposit tokens. |
Auto-Invest - Rigelprotocol is built on Ethereum, Binance SmartChain and Polygon to give you more participation and an extra layer of security when using the platforms.
Benefits for liquidity providers
The Rigel Protocol platform offers several unique benefits for liquidity providers. On the one hand, LPs will receive a percentage of commissions (interest) from transactions on the platform, also known as liquidity mining or market creation. Interest will depend on the amount of available liquidity and the total number of transactions in the liquidity pool. The LP profit will be proportional to the amount of liquidity, provided to the available pools.
In addition, LPs will also receive rewards, paid in RGP, the native token of the Rigel Protocol platform, subject to a very attractive APY (annual return percentage) and inflation rate. The fees, generated from transactions, will go directly to the liquidity pool, so the tokens will rise in price in proportion to the growth of the liquidity pool.