Rigel Protocol — A decentralized blockchain protocol for all your DeFi needs.

Ifemini
3 min readSep 26, 2021

Since the immense development experienced in the Blockchain world, DeFi has also taking strides. If you have been following up the growths of decentralized finance, you would know that privacy, lower risk, and cheaper transaction fees are all experienced with DeFi.

To experience this unique benefits under a single ecosystem is why today we discuss the Rigel Protocol.

Rigel Protocol is a cross chain DeFi platform that is simplifying every transaction for a diverse set of DeFi products. The products being simplified includes

1. Smart Swapping — With the Rigel Protocol, you get to experience token swap at a different pace, because Rigel provides a seamless decentralized exchange on the Binance smart chain network and the Ethereum network.

2. Cross Chain mechanism — With Rigel protocol cross chain swapping, individuals, investors and token holders get to swap their rgp token from the ethereum network to the bsc network.

3. Yield Farming — I believe we are not new to yield farming? This feature helps token holders to earn passive incomes, all you have to do is provide an LP, join a farm pool and start earning.

The Rigel Protocol Yield Farming helps protect liquidity providers by having a lower APY and token lock period for tokens mined.

4. Margin Trading — Rigel Protocol margin protocol is different, and the following details helps you understand the uniqueness.

  • Decentralization
  • Reduced Manipulations
  • Non-custodial Wallets
  • Interest Profits Share
  • Lenders Profits

Rigel protocol is built to improve and touch up existing Decentralized Finance (DeFi) features (stated above) while introducing other innovative DeFi products to propel scalability, security in the Blockchain, user experience and adoption.

Why Rigel Protocol

Rigel Protocol defi protocol is here to bring improved solutions to the DeFi products on both the Binance Smart Chain Network and the Ethereum blockchain, and is a decentralized platform that is giving Rigel users the access to several tools, products which further expand the adoption of crypto currency in a wider sense.

Benefits Include:

1. Total control by users.
2. Low transaction fees
3. Community DAO support for every $rgp holders.

What is $RGP Token?

RGP is the native token of the Rigel protocol platform, with cross chain mechanism in ETH and BSC Blockchain network.

Want to learn more? Use the links below —

Website | Telegram | Twitter | Whitepaper

Written By — Ifemini

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Ifemini

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