Ricetron — a DeFi betting platform on the TRON blockchain, dedicated to minting the RET (RICE ECONOMY TOKEN) token, the governance token for the Rice stablecoin. Designed specifically to enhance Asian food safety.
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Description of the RICETRON
Penjaga Lilin Nusantara, an Indonesian cooperative in Malang-East Java, is creating DeFi-based Ricetron.com Tron to tokenize rice, based on stablecoin.
A management token that will fund the RIC (Rice Inventory Coin) stablecoin. The RET token holder will receive 30% of all transaction fees and distribution of RIC DeFi profits, where, after the launch of the DeFi platform, it will be distributed back as a Prot'ge dividend to the wallets of RET token holders.
It is an automated exchange of tokens on the Ethereum network with the following features:
| 1. | The total supply is 269,000 RET and only 190,000 RET were minted through the bet. |
| 2. | It is a TRC-20 token, using the TRX blockchain, where the speed and transaction fees are much better, compared to the ERC based token. |
| 3. | In addition, RIC can also be converted into savings and DeFi collateral, and this guarantees RIC holders fresh rice at the time of exchange, as it is supported by a BULOG purchase order (voucher) with no expiration date. |
You can earn 10% RET directly from the referral program.
Additional information
There is no WhitePaper document on the site yet, but developers plan to add it in the future. Some information about the project is available on the main page. The community does not maintain social networks.A telegram channel, twitter and blog will appear on the Medium platform. The smart contract doesn’t have an audit.