Rigel Finance price

RIGEL

• RigelSwap Exchange (https://exchange.rigel.finance/)
• RigelSwap Liquidity Pools (https://exchange.rigel.finance/#/pool)
• RigelFinance Farms (https://app.rigel.finance/farms)
• RigelFinance OrionNebula Staking (xRigel) (https://app.rigel.finance/staking)
• Rigel Wallet

Earn RIGEL tokens by farming RigelSwap V2 RLP. You have 18 pairs to choose from, we have included the main pairs. Within Farming function, farmers will get 15% of RIGEL/block in the pair RIGEL-ETH RLP and 5% of RIGEL/block for the other 17 pairs. Before Farming, you need to add liquidity in RigelSwap Exchange in order to get RLP (RigelWap Liquidity Provider) tokens. During the first 13 days, users farming in the platform will get 4x more RIGEL/block than the basic minted RIGEL/block, which is 0.019051633 RIGEL/block. When the rewards contract is called (minimum once per day) all the LP tokens are sold for RIGEL (on RigelSwap Exchange). The newly purchased RIGEL is then divided up proportionally between the xRIGEL holders in the pool, meaning their xRIGEL is now worth more RIGEL.

You will earn a portion of the swaps fees based on the amount of xRigel held relative to the weight of the staking. xRigel can be minted by Staking Rigel. To redeem Rigel staked plus swap fees convert xRigel back to Rigel. The remaining portion of the trade fee paid goes to a pool called OrionNebula. The OrionNebula contract collects the fees from all the pools, and when the reward distribution command is called, it then sells all the fees turning them into RIGEL, via RigelSwap Exchange. OrionNebula allows you to stake your RIGEL and receive xRIGEL in return, and then you stake it in the xRIGEL pool. When users make trades on the RigelSwap Exchange, a 0.3% fee is charged, 0.05% of this fee is added to the OrionNebula pool in the form of LP tokens for the relative pool.

Allows liquidity providers to add their tokens to liquidity pools. When they add liquidity, they will receive RLP tokens (RigelSwap Liquidity Provider tokens). For example: if a user deposited $RIGEL and $ETH into a pool they would receive RIGEL-ETH RLP tokens. These tokens represent a proportional share of the pooled assets, allowing a user to reclaim their funds at any point. However, as a liquidity provider you will also receive a trade fee reward. Every time a user trades between $RIGEL and $ETH a 0.3% fee is taken on the trade. 0.25% of that trade goes back to the LP pool. With your LP tokens, you can also put them into Yield Farming. If you are farming, you will still get the 0.25% reward fee for being an LP when you next remove your liquidity.

Download our Rigel Wallet, available for Android and soon for iPhone. Send and receive your cryptocurrencies with supports of all Erc-20 tokens. You can get your Rigel tokens and hold them in your wallet. The wallet also supports WalletConnect Protocol, so you will be capable of connecting your wallet to our platform. The Rigel wallet will list new and trending projects, including DeFi tokens. Listing payment is done only in Rigel Tokens.

During the first year, all listing fees of Rigel Wallet will be burned. Yes, you read that correctly! In the second year, 50% of all listing fees will be burned, in the third year 25% and so on. The burning event will take place once per week or once every two weeks, depending on the number of listings. With this strategy, we're removing tokens from circulation and inducing an increase in price.