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logoRari Governance Token (RGT)

A DeFi Protocol to Borrow, Lend and Earn Yields on Crypto Assets.
  • Rari Capital is a DeFi protocol that allows users to borrow, lend and earn yields on crypto assets. The platform offers a range of products such as tranched stablecoin pools, customizable lending and borrowing pools (Fuse), and yield aggregator.

  • RGT is the governance token of Rari Capital and has the following use cases:

    • Governance: RGT token holders can participate in voting through on-chain governance.
    • Liquidity mining: Users can contribute to the liquidity pools on DEXes to earn liquidity mining rewards and a share of the DEX transaction fees.
  • Rari Capital consists of the following major components working in conjunction:

    • Yield Aggregator: The platform offers four pools (USDC, DAI, ETH, and Yield), where users can deposit a supported token and in return receive an interest-generating token. Each underlying asset will be deposited into various strategies (i.e. lending to Aave or Compound).
    • Fuse: Users are able to create isolated lending and borrowing pools, where users receive a quantity of fTokens equivalent to the underlying tokens supplied.
    • Tranche: The platform provides users front-end access to Saffron Finance tranches products. Users will not incur additional fees for directly purchasing Tranche products through the Rari Capital platform.
  • As at November 5th 2021, the maximum and total token supply of RGT is 20,00,000 and the circulating supply is 11,255,098 (~56.28% of the total token supply).

  • Note: On September 16th 2021, the community approved a proposal to mint 2,500,000 RGT immediately, and mint 7,500,000 RGT linearly across the next 3 years. This represents a total of 10,000,000 RGT to be minted and allocated to the DAO's treasury.