Rio DeFi is a blockchain technology company with a mission to accelerate the mass adoption of digital assets by bridging traditional and decentralized finance. At the heart of the Rio DeFi ecosystem is Rio Chain, a powerful digital infrastructure tailored for mass adoption. It prioritized security, speed, scalability, and interoperability; and operate across blockchains to leverage the strengths of each network.
The 3 main unique features of Rio DeFi is:
1. Avoid the limitations of existing blockchain systems
– It is a next generation blockchain built of Parity Subtrate, a popular framework for creating decentralized systems.
2. Benefit from a fully interoperable and flexible network
– Whether it’s Bitcoin, Ethereum, EOS, or Tron, Rio chain;s generic asset gateway supports the deposit and withdrawal of a boroad variety of digital assets.
3. Gearing projects for sustainable economic growth
– It addresses the issues of scalability (it processes up to 3,000 transactions per second) and speed (~2 second block times).
– As a reward to dApps built of Rio Chain, 20% of all transaction fees will be re-distributed to the dApps that generated those transactions.
Rio DeFi promotes a unique Staking & Validation Rewards Distribution system
80% of all transaction fees go to the Rio Chain Node Operators (those processing
transactions and securing the network) and 20% are retained by the dApps. This 20% for dApps is a novel economic model that creates a huge incentive for developers to build on Rio Chain, because they’ll get RFUEL for every on-chain transaction their dApp generates.
Rio DeFi’s core team operation is made of a stellar team with James Anderson, CEO and Co-Founder with 7 years experience in the blockchain space, Calvin Ng as co-founder with main experience from PlutusVC (a $200 million fund) and CMO Stephase Laurent Villedieu with 12 years of full-stack marketer experience from big corporations.
BiKi has been evaluating the opportunities of growth in the Polkadot space and identified RioDeFi as one of the early front runners for users to participate in the upcoming Polkadot ecosystem. BiKi will be one of the first 3 exchanges as partners to list RioDeFi (RFUEL) on its website and APP.
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