RillaFi RILLA Price $ 0.0056

RillaFi is amplifying the power of traditional finance by augmenting them with Web3 tooling. RillaFi is radically innovating philanthropic giving and tax strategy by leveraging the power of decentralized finance, blockchain technology, and decentralization. By leveraging RillaFi on-chain tools, users can optimize their philanthropic giving and tax strategy while supporting causes they care about most. The $RILLA token unites the protocol and ecosystem while providing real-world utility to RillaFi users.

A Donor-Advised Fund (DAF) is a charitable account owned and managed by a public charity. RillaFi DAFs have a Primary Advisor who donates assets into their fund. Proceeds from the sale of these assets fuel the DAF and allows the Primary Advisor to recommend grants. When you donate tokens to a RillaFi DAF, the team works with the partners to exchange your gifted digital assets for stablecoins and deposit the proceeds at your DAF’s contract address on-chain. From there, you can select a charity or cause of your choice and recommend a grant to their organization.

RILLA is the native asset of the RillaFi ecosystem. It is used to govern DAFs, RillaFunds, and has an extensive roadmap with added utility for everyday holders. By holding $RILLA, you are part of the RillaFi DAO and can vote on governance proposals including endowment matters, partnerships, and protocol fee usage. Governance participants and future stakers are rewarded via token buy-backs facilitated by the DAO treasury.