- RIGGERS [RIG & OIL] is a protocol that expands on the ERC404 fractionalizedliquidity standard by introducing ERC1155 composability,decayed staking pools and crosschain messaging. - Wrapping the complexity of 404 with gamified tokenomics,Riggers is introducing everyday #Web3 users to the mechanisms of ERC404,in an accessible way. - This approach facilitates both a novel mechanism for liquidity management,as well as more engaged and diversified set of #DeFi ecosystem participants.Key Functionalities: Fractionalized Liquidity The protocol implements ERC404 to drive generic fractional token liquidity into composable and identifiablyunique wholetokens. - Decay Pools The protocol implements novel forms of staking where genericallyfractionalized liquidity is gathered into cappedsize pools and reconstructed into wholetoken vaults in order to mine Optimized Integrated Liquidity. - Optimized Integrated Liquidity Optimized Integrated Liquidity OIL leverages ERC1155 composability to gasconsciously flow liquidity within and across the omnichain space. - Cross Chain Messaging The protocol implements LayerZeros permissionless interoperability,and leverages ERC1155 composability,to deliver omnichain liquidity for both fractionalized and whollyconstructed tokens. - Gamified Narrative The protocol engages DeFi participants,and encourages them to learn about ERC404,by wrapping the technology in a realworld mental model: Oil Rigs.Objective:The primary objective of Riggers [Rig & Oil] is to expand on the ERC404 fractionalizedliquidity standard by introducing ERC1155 composability,decayed staking pools and crosschain messaging.Conclusion:Wrapping the complexity of 404 with gamified tokenomics,Riggers is introducing everyday web3 users to the mechanisms of ERC404,in an accessible way. - This approach facilitates both a novel mechanism for liquidity management,as well as more engaged and diversified set of DeFi ecosystem participants..
Summary of the coin Riggers
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