- RingFi is the next generation #DeFi release on the BSC network that is conceived to earn passive returns in the easiest and most sustainable way. - The token model behind is an experimental approach to The circular economy concept, consisting of an Autostaking feature just by holding the token plus a fixed APY that is sustainable over time and backed by a reserve of funds.$RING token is powered by rebases, that reward holders with a 0.02362% every 15min. - This means an annual compound interest of 392,537%. - This APY is fixed and it is secured thanks to the 14% and 16% taxes with buys and sells respectively. - The tokenomics of $RING are meant to ensure the projects sustainability in perpetuity. - The rewards received by $RING holders come from a fee charged to every user each time $RING is transacted, either through a buy or sell. - This amount is accrued to a special wallet and designed to support the rebase rewards in $RING going forward algorithmically.The competitive advantages of RingFi are its unique mechanics like autoliquidity every 24h, the composability, thanks to the wRING, that allow users to farm with $RING and use it as collateral while still receiving rebases. - In security standards, there is an audit performed by Cyberscope, the team has KYCd to pinksale and locked liquidity for 100 years..
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