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COINTURK NEWS > Altcoin News > What is Rari Governance Token?
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What is Rari Governance Token?

In Brief

  • The Rari Governance Token is the native token behind Rari Capital, an unattended DeFi robo-advisor that autonomously earns returns for its users.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The Rari Governance Token is the native token behind Rari Capital, an unattended DeFi robo-advisor that autonomously earns returns for its users.

Contents
What is Rari Governance Token (RGT)?How to Acquire Rari Governance Coin?

What is Rari Governance Token (RGT)?

Rari Capital is a DeFi protocol that allows users to borrow, lend, and earn returns on their crypto assets. The platform offers a variety of products such as segmented stablecoin pools, customizable lending and borrowing pools, and more. The Rari Governance Token (RGT) is a governance token that can be used to vote on the platform’s governance proposals.

Rari Capital claims to open the world to financial innovations on an unprecedented scale, offering some key services:

  • Earn: Users can automatically start earning the highest yield by depositing their crypto assets.
  • Fuse: Defined as an open interest rate protocol, Fuse operates according to the terms set by the user with any asset.
  • Governance: Users can participate in governance to shape the future of the Rari Protocol.
  • Yield Aggregator: An autonomous algorithm that rebalances users’ funds to the highest yielding opportunities. Staked funds also provide liquidity for borrowers in Fuse pools.
  • Tranches: A peer-to-peer risk exchange protocol using the Yield Aggregator DAI pool for customized risk and return profiles.
  • Pool 2: Incentives for RGT liquidity providers on decentralized exchanges.

In addition, Rari Capital positions itself as a suite of decentralized finance protocols with a mission to bridge the gap between technical and non-technical minds to attract the next mass user wave into this sector. The platform claims to have created a series of products that generate and deliver total return, providing a simple and secure value accrual path for users’ existing assets.

How to Acquire Rari Governance Coin?

RGT Coin can be quickly and securely purchased through Binance, the world’s largest cryptocurrency trading platform by trading volume.

To buy RGT Coin, one must first register with Binance and then send fiat currency. After sending a fiat currency like  dollars, one can buy Bitcoin (BTC), BUSD, Binance Coin (BNB), and Tether (USDT) and perform purchase transactions in the RGT trading pair.

In addition, users can place a buy order at a price they want, not just at market value but also at a lower value on Binance. To do this, use the Limit tab and enter the amount and price you want to buy.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 28 March, 2024 - 7:00 pm 28 March, 2024 - 7:00 pm
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