About Rootstock Infrastructure Framework
Built to compliment Bitcoin, not compete with it. RIF is designed to accelerate the adoption of Rootstock, Bitcoin’s DeFi Layer by powering incentives, infrastructure and interoperability. RIF is the easiest way for anyone to shape and share in the success of Bitcoin DeFi. RIF powers community rewards, governance and grants, on RootstockCollective, the home of the community on Rootstock. RIF underpins key infrastructure powering Bitcoin DeFi on Rootstock including USDRIF, a censorship resistant stablecoin and RNS for simplifying wallet addresses. RIF gives the wider world of Web3 exposure to the success of Bitcoin DeFi on Rootstock through availability on the top exchanges, leading chains and largest dApps.
Trading Insights
Searched
3
Market Stats
Market Cap
£24.86M
1.22%
FDV
£24.86M
Circ. Supply
1B RIF
Max Supply
1B RIF
Total Supply
1B RIF
Diluted Valuation
£24.83M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£514.48K
5.72%
Volume (7D)
£3.34M
Volume (30D)
£16.66M
All time high
£0.34
Price Change (1Y)
Not enough data
73.19%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Rootstock Infrastructure Framework has decreased by 0.36% in the last hour and decreased by 1.08% in the past 24 hours. Rootstock Infrastructure Framework’s price has also fallen by 7.92% in the past week. The current price is £0.0249 per RIF with a 24-hour trading volume of £514.48K. Currently, Rootstock Infrastructure Framework is valued at 92.73% below its all time high of £0.34. This all-time high was the highest price paid for Rootstock Infrastructure Framework since its launch.
The current circulating supply of Rootstock Infrastructure Framework is 1,000,000,000 RIF which means that Rootstock Infrastructure Framework has as total market cap of £24,864,039.50.
Market details
RIF vs markets
↘ 67.31%
RIF vs BTC
↘ 69.33%
RIF vs ETH
↘ 64.49%
Tags
services
filesharing
payments
depin
+1
Network & Addresses
Network | Address | |
|---|---|---|
RSK | 0x2acc95758f8b5f583470ba265eb685a8f45fc9d5 | |
Ethereum | 0x01b603be3D545F096015741e6503440282BF45fb | |
Solana | AAeENcfHbTExuTvs4q7r9Bjax98Dg6BGX3aMph4bTLdK | |
Arbitrum | 0xe5e851b01DD3Eda24FDe709a407dB44555B6d1E0 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0249 | |
1 Day | £0.0252 | |
1 Week | £0.0273 | |
1 Month | £0.0301 | |
1 Year | £0.0991 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
RSK Infrastructure Framework is an open standard and decentralized infrastructure protocol that aims to enable faster, more efficient, and scalable distribution of applications (DApps) in a unified environment.
According to the whitepaper, the framework also has its OS to further support users. The RIF OS Framework is an all-in-one, easy-to-use framework for blockchain services and infrastructure that allows developers and organizations to access various services across multiple crypto-economies. In addition to providing broad interoperability, RIF OS Protocols enable faster time-to-deployment and aim to close the gap between blockchain and mass-market adoption. With RIF OS Protocols, the RSK Smart Contract Network creates the Internet of Value as envisioned.
Besides the OS, the framework has developed many other functioning products, including RNS, RIF, and RSK, to provide users with better facilities. The RNS is a decentralized service that lets users create readable domains and aliases. In addition to identifying personal resources, it can also identify payment and communication addresses. RIF Lumino Network adds a third layer to the Bitcoin blockchain, enabling state channels for each token built on RSK, increasing transaction speeds, and lowering costs by orders of magnitude. Further, to support this operational model, the framework introduced its cryptocurrency, the RIF token.
RIF is the native token of the RSK Infrastructure Framework ecosystem based on the ERC-677 protocol. The ERC-677 ensures the backend compatibility of the token. With the RIF Token, token holders can consume services that are compatible with RIF’s architecture and can also be used across the RIF’s marketplace.
The RIF Marketplace offers a simplified interface and user experience for various decentralized services. Decentralized applications can seamlessly connect to the outside world using tools and technologies developed by RIF Gateways. This RIF Marketplace is the main component that links all other RIF’s services with their customers and users. Ultimately, the RIF Marketplace aims to enable the fast and efficient creation of decentralized sharing economies (DSEs) on top of RSK and RIF by providing the tools needed to enable all parties to work together. Offerings such as Storage, Payments, Communications, and Data Services, presented through a standard and unified interface, can be listed by providers and made available to users.
According to the whitepaper, RSK Labs announced the launch of the RSK side-chain protocol, a secure smart contract platform powered by Bitcoin, in December 2016. In May 2017, the Test-net version was released to the public, and in January 2018, the Beta Main-net version was released. In the RSK Infrastructure Framework (RIS) protocol, there is a total supply of 1,000,000,000 RIF tokens.
Rootstock Infrastructure Framework news
Social stats
Popularity in posts
#479
Contributors
56
Posts
56
% About Rootstock Infrastructure Framework
0.049%
Articles
0
X (Twitter)
34.21% bullish
Sentiment
4.8 ★
Highlights
56 unique individuals are talking about Rootstock Infrastructure Framework and it is ranked #479 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rootstock Infrastructure Framework has an average sentiment score of 4.8 out of 5. Finally, Rootstock Infrastructure Framework is becoming less newsworthy, with 0 news articles published about Rootstock Infrastructure Framework.
On Twitter, people are mostly neutral about Rootstock Infrastructure Framework. There were 34.53% of tweets with bullish sentiment compared to 0.95% of tweets with a bearish sentiment about Rootstock Infrastructure Framework. 65.47% of tweets were neutral about Rootstock Infrastructure Framework. These sentiments are based on 953 tweets.
On Reddit, Rootstock Infrastructure Framework was mentioned in 6 Reddit posts and there were 15 comments about Rootstock Infrastructure Framework. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
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