Deployment of rDex V1 on the StaFi Chain: Why Users need to pay FIS as a gas fee to use rDex V1

rToken

rDEX

Features of rDEX

Overview of the Liquidity Pool Model

Why users need to pay FIS as a gas fee to use rDex V1

  • In rDEX V1, the primary transaction assets of rToken are all FIS, which will become a decisive factor for promoting rToken liquidity.
  • Users must pay FIS as a gas fee when using rDEX V1 because it is directly deployed on the StaFi chain.
  • FIS will be used to motivate Liquidity Providers through the Impermanent Loss Protection Fund Reserve.
  • FIS will be used to incentivize rDEX V1 liquidity mining.
  • Community members will vote on the liquidity mining weight of each rToken pool using FIS.
  • The Treasury will collect the transaction fee income from rDEX V1 and use it to buy back and burn FIS.

Conclusion

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