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Relite.finance

Relite.finance RELIPrice N/A

RELI Price

N/A

General Info

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# Inactive

Description

Relite is a money market protocol enabling users to lend, borrow, and stake all crypto assets in one interface.

Relite.finance (RELI) Chart

Relite.finance price Index provides the latest RELI price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

IDO

17 May 2021 — 17 May 2021

Raised

$ 500.00K

Price:

$ 0.045

Tokens For Sale:

11,300,000

Platform:

N/A

ATH ROI:

10.64x  +964.3%

Additional Data

ATH Market Cap

$ 7.13M

Max Supply

RELI 182,000,000

Total Supply

RELI 71,000,000

IDO ROI

100%

0.00x

IDO Price

$ 0.045

17 May 2021

All Time High

$ 0.479

18 May 2021


All Time Low

$ 0.00...308

17 Jun 2022

Trending Relite.finance Fiat Pairs

What is Relite.finance (RELI)?

Relite Protocol

A New Generation Cross-Chain Protocol

  • Relite is a money market protocol enabling users to lend, borrow, and stake all crypto assets in one interface.
  • With interoperability at its core, Relite Protocol enables the utilisation of ERC-20 tokens alongside other popular chains (Bitcoin, Polkadot), creating a mixed asset basket Through this we will offer lower collateralization requirements, manageable fees, and unprecedented levels of usability.
  • Users are empowered to utilise any native crypto asset, further driving adoption to the masses


Use Cases 

  • Liquidity providers and lenders put their crypto assets to work
  • By collateralizing volatile assets users can acquire stable value coins without losing the future upside of the deposited crypto
  • The so-called “unbanked” have access to a wide range of financial products and services etc while offering users fair rates


Relite Primary Features

Interoperability

  • Use/Deposit Native BTC, ETH, DOT, and many more… 

Sustainability

  • Get fair fees/interest rates (Borrowers) and good ROI (Lenders)

Simplicity

  • Easy to use interface for newcomers


MVP: Core Features

  • Lending DAI
  • Staking 

MVP Functionalities with dual deployment on Ethereum and Polkadot

  1. Able to Supply DAI
  2. Earn interest and additional RELI
  3. Collateralize ETH position and get rDAI + RELI
  4. Stake RELI and earn more rewards


Relite Token

The Relite ecosystem is vastly concentrated around RELI token usage.

The primary utility of Rellite Tokens (RELI) tackles the following:

  1. Governance
  2. Rewards/Liquidity Mining
  3. Staking - Enabling lower collateral and stability

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