Hello, Holders! Today, Holder.Finance is very proud to announce a new partnership with Reflect Finance (reflect.finance). RFI is a DeFi project that focuses on frictionless yield generation. So, users can hold and earn automatically. Moreover, $RFI is already available on HolderSwap. In this article, we explain this partnership in detail and what is coming next.
Holder Finance Introduces RFI
First, you can learn more about HFi in our intro post. Moreover, here is a short video explaining what Reflect Finance is building and how the partnership will provide value to the ecosystem we are building.
What is Reflect Finance?
RFI works by applying a 1% fee to each transaction and instantly splitting that fee among all holders of the token.
Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are immediately reflected in the holders’ balance.
The RFI smart contract is complete at launch. So, there was no ICO, no pre-sale, and no fundraising of any kind. Moreover, there are no more features to add. This, there is no individual or team to be relied upon to give RFI any value.
Dual Yield Capability
So, RFI holders can use their tokens in third-party lending, yield farming, or any other smart contract. In addition, users always benefit from earning yield from the transaction fees.
Thus, 100% of the fees generated go to holders of the token. Therefore, the percentage of fees you earn is calculated by the percentage of RFI that you own among holders. So, this generates a much higher yield than would be possible otherwise.
Holder Finance and RFI
Our partnership with Reflect Finance is planning to achieve:
- More trading opportunities for $HFi, $HFS, and $RFI holders.
- A wider ecosystem where users can place limit orders within the available pairs.
- And, more exciting developments in the future!
More information on the next steps and the development of this partnership in upcoming posts.
👉 This week, HFI Round 3 sold out. Next, we will announce the start of Round 4. Stay tuned for updates.