Rari Governance Token, with the ticker RGT, is the governance token that powers Rari Capital, a decentralized protocol for lending and borrowing. The RGT was announced as a part of Rari Capital's objective to develop the decentralized finance (DeFi) space toward a sustainable model. Governance tokens are essentially the blockchain tokens that give their holders voting and management power. They are especially important in the DeFi environment, where power balance is required. Using governance tokens, users can vote on proposals related to the blockchain.

As per the platform’s website, Rari Capital empowers people to break free by producing new opportunities, communities, and financial products. Rari Capital is the primary interface to interact with the Rari protocol on Ethereum, which can be accessed by anybody across the world. An important feature offered by Rari Capital is the Rari Capital DAO (decentralized autonomous organization), which ensures that all decision rights belong to the platform users. 

Subsequently, the RGT has three different roles to serve, namely maintaining governance, passthrough governance, and fee discounts. The token is utilized in decisions to integrate new protocols, edit pools, and risk parameters that maintain governance. On the other hand, the token serves as pass-through for their governance when a pool accumulates other tokens like $COMP, $BAL, etc. Apart from these, users can also utilize the token for fee discounts from the Rari protocol. 

Furthermore, RGT is burned for every transaction generated by the protocol. Burning implies sending the tokens to an unusable wallet address to remove them from circulation. This process leads to a total decrease in the supply of RGT tokens as the protocol succeeds.

Rari Capital was launched in May 2020 in the USA by David Lucid, Jack Lipstone, and Jai Bhavnani. Having worked for MyCrypto, Scoot, Bain, and many others, the Rari team comes from a security-related background. On October 22, 2020, the group launched v2.0 of the Rari protocol, the token, and the three liquidity pools.

To start earning the RGT, users have to deposit into one of their liquidity mining pools depending upon their risk appetite. Liquidity mining is a decentralized finance method in which users contribute a portion of their crypto assets to various liquidity pools and are rewarded with tokens and fees in exchange.

The three pools are the stable pool ($RSPT), yield pool ($RYPT), and ETH pool ($REPT). The stable pool interacts with exclusive audited contracts in a safer way. On the other hand, the yield pool has the highest returns irrespective of leveraged or unaudited contracts. Lastly, the ETH pool delivers safe and stable returns with the ETH price basis.

The total supply of RGT tokens is capped at 12,498,173.

Users can trade RGT at various exchanges, including Coinbase, which is safe, secure, and easy to use.

We werken onze Rari Governance Token naar EUR valuta in realtime bij. Ontvang de actuele prijs van Rari Governance Token op Coinbase.

De huidige marktkapitalisatie van Rari Governance Token is € 692,90K. Een hoge marktkapitalisatie houdt in dat het activum zeer gewaardeerd wordt door de markt.

Het hoogste punt ooit van Rari Governance Token is € 72,04. Dit hoogste punt ooit is de hoogste prijs die is betaald voor Rari Governance Token sinds de lancering.

In de afgelopen 24 uur was het handelsvolume van Rari Governance Token € 0,00.

Activa die een vergelijkbare marktkapitalisatie hebben als Rari Governance Token , zijn onder meer Ski Mask Cat, BEFE, My DeFi Pet en vele anderen. Voor een volledige lijst, zie onze vergelijkbare marktkapitalisatie-activa.

Het huidige circulerende aanbod van Rari Governance Token is 12 miljoen.

Rari Governance Token rangschikt 278 onder verhandelbare activa op Coinbase. Populariteit is momenteel gebaseerd op de relatieve marktkapitalisatie.