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About RING Financial

Ring Financial is multi-blockchain compatible decentralized finance (Defi) platform established on the Binance Smart Chain. A multi-blockchain solution refers to one that is compatible with more than one blockchain. The project aims to make Defi available to everyone and provide users with a source of passive income. The platform seeks to solve some of the problems associated with the current Defi system, like lack of direction, high fees, complex user experience, and risk.

The platform employs a multi-chain yield processing node called the Ring Node. Ring Financial is designed so users don’t need to navigate between multiple-yield protocols. The platform was created to be a one-stop shop for users. The users need not conduct any research before starting with decentralized finance.

An allocation protocol within the Ring Financial platform is governed by nodes that automatically decide the percentage of funds to be allocated to each protocol. The entire process is managed by one dApp and the Ring Node mechanism. A portfolio of algorithms automatically takes care of the traders’ cryptocurrency by spending in different Defi protocols and generating high-yield daily rewards for them. The rewards are given in RING. RING is the native governance token of the Ring Financial platform.

Ring Financial is governed by a decentralized autonomous organization (DAO). Each user and token holder can participate in the project evolution. Users get the voting rights to decide on the major decisions of the platform. The platform plans to develop a staking protocol in the near future for those users who are not able to create a whole node for themselves.

The team at Ring Financial consists of seven enthusiastic people engaged in further creating and developing the Defi platform. The core members of the team decide to remain anonymous. The maximum supply of RING is 1,000,000 tokens.

Market

Brazil Market Stats

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Brazil Market performance

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+100%

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+100%

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Brazil News about RING Financial

BeInCrypto • May 13, 24

Roaring Kitty’s Return Sparks Meme Stocks Rally

Keith Gill's recent post under the moniker Roaring Kitty has triggered another meme stock rally, with GameStop and AMC experiencing dramatic surges in their stock values.The post Roaring Kitty’s Return Sparks Meme Stocks Rally appeared first on BeInCrypto.

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BeInCrypto • May 13, 24

Big Week Ahead: US Consumer Price Index, Ethereum ETF, Crypto Regulation, SEC vs Ripple

Key events this week could determine the future of the cryptocurrency market, from US Consumer Price Index updates to critical decisions on Ethereum ETFs and new crypto regulations.The post Big Week Ahead: US Consumer Price Index, Ethereum ETF, Crypto Regulation, SEC vs Ripple appeared first on B...

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Unchained • May 13, 24

Solana’s GME Soars 14-Fold as ‘Roaring Kitty’ GameStop Commenter Returns

GME, a memecoin cryptocurrency on Solana inspired by the ticker of GameStop’s common stock, soared Monday after highly-influential GameStop investor and commenter Keith Gill, who goes by the name Roaring Kitty on X and YouTube, came back to X after an almost three-year hiatus from social media.  ...

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The Block • May 13, 24

VanEck’s spot bitcoin ETF HODL reports $109 million net increase in Q1, $620 million in BTC: filing

HODL also saw $20 million in total liabilities and $6 million in net realized gain on its bitcoin investment as of March 31.

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CoinDesk • May 13, 24

FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator.

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Decrypt • May 13, 24

Bitcoin ETF Weekly Investments Grow For First Time In Over a Month

Investor sentiment may be shifting, CoinShares says, as Grayscale’s GBTC outflows were the lowest since January.

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RING Financial is on the rise this week.

The price of RING Financial has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. RING Financial’s price has also risen by 100.00% in the past week.

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Yes, RING Financial is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy RING Financial guide.