Ricochet Exchange is focused on creating new tools that allow people to invest their crypto assets in real time, using the financial structure of Superfluid.
About the Ricochet
Ricochet includes building and maintaining a decentralized exchange that supports real-time automated investing on Polygon. Ricochet Exchange contracts use Superfluid to stream tokens, Tellor Oracle to get prices and SushiSwap/QuickSwap for liquidity.
Launchpad intends to create a launch pad contract for projects to be used for fair ICOs. This launchpad eliminates pre-launch by offering tokens at a fixed distribution rate. Streamers can compete to earn a share of the giveaways.
Features of the RIC token:
| 1 | The Ricochet Token (RIC) - the governance token of the Ricochet DAO. It has a fixed supply of 10 million tokens. |
| 2 | All 10 million tokens have been minted and transferred to the Ricochet DAO treasury. |
| 3 | The RIC helps to vote on how to use the funds, accumulated in the DAO treasury. |
REX tokens - revenue-generating tokens, used on the Ricochet Exchange to provide real-time revenue to streamers. REX tokens represent an application for income generating ERC20 tokens, placed in reward systems (for example, SushiSwap Farms). Streamers broadcast USDC to the exchange to receive REX tokens. Tokens are denoted by the "rex" prefix in the base token (for example, rexSLP). The exchange takes the underlying tokens and places them in the reward system. Streamers receive real-time generated rewards directly to their wallet.
More about defi app
You can get more information through the introductory document. It has everything you need to get the job done. Instructions for use, tokenomics and RoadMap are available there.
The community maintains the following social networks:
You can chat with other users and read the news there. The smart contract doesn’t have an audit. The site interface is in English.