DL News • Nov 29, 23
Bitcoin rises on rate hopes as traders ditch crypto ‘drama of 2022′
Crypto prices rose across the board as the dollar fell and investors became hopeful about interest rate cuts.
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Rari Governance Token is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet
Rari Governance Token can be traded using Coinbase Wallet, your key to the world of crypto.
Rari Governance Token is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms.
Market cap
$9.4M
Volume (24h)
$4,359.49
Circulating supply
12.5M RGT
Typical hold time
Not enough data
Popularity
#869
All time high
$68.21
Price change (1h)
-1.1%
Price change (24h)
-4.83%
Price change (7d)
-12.19%
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
RGT is an Ethereum token that powers Rari Capital, a decentralized protocol for lending and borrowing. The Rari Governance Token is used for fee discounts and protocol governance.
Rari Governance Token, with the ticker RGT, is the governance token that powers Rari Capital, a decentralized protocol for lending and borrowing. The RGT was announced as a part of Rari Capital's objective to develop the decentralized finance (DeFi) space toward a sustainable model. Governance tokens are essentially the blockchain tokens that give their holders voting and management power. They are especially important in the DeFi environment, where power balance is required. Using governance tokens, users can vote on proposals related to the blockchain.
As per the platform’s website, Rari Capital empowers people to break free by producing new opportunities, communities, and financial products. Rari Capital is the primary interface to interact with the Rari protocol on Ethereum, which can be accessed by anybody across the world. An important feature offered by Rari Capital is the Rari Capital DAO (decentralized autonomous organization), which ensures that all decision rights belong to the platform users.
Subsequently, the RGT has three different roles to serve, namely maintaining governance, passthrough governance, and fee discounts. The token is utilized in decisions to integrate new protocols, edit pools, and risk parameters that maintain governance. On the other hand, the token serves as pass-through for their governance when a pool accumulates other tokens like $COMP, $BAL, etc. Apart from these, users can also utilize the token for fee discounts from the Rari protocol.
Furthermore, RGT is burned for every transaction generated by the protocol. Burning implies sending the tokens to an unusable wallet address to remove them from circulation. This process leads to a total decrease in the supply of RGT tokens as the protocol succeeds.
Rari Capital was launched in May 2020 in the USA by David Lucid, Jack Lipstone, and Jai Bhavnani. Having worked for MyCrypto, Scoot, Bain, and many others, the Rari team comes from a security-related background. On October 22, 2020, the group launched v2.0 of the Rari protocol, the token, and the three liquidity pools.
To start earning the RGT, users have to deposit into one of their liquidity mining pools depending upon their risk appetite. Liquidity mining is a decentralized finance method in which users contribute a portion of their crypto assets to various liquidity pools and are rewarded with tokens and fees in exchange.
The three pools are the stable pool ($RSPT), yield pool ($RYPT), and ETH pool ($REPT). The stable pool interacts with exclusive audited contracts in a safer way. On the other hand, the yield pool has the highest returns irrespective of leveraged or unaudited contracts. Lastly, the ETH pool delivers safe and stable returns with the ETH price basis.
The total supply of RGT tokens is capped at 12,498,173.
Users can trade RGT at various exchanges, including Coinbase, which is safe, secure, and easy to use.
DL News • Nov 29, 23
Bitcoin rises on rate hopes as traders ditch crypto ‘drama of 2022′
Crypto prices rose across the board as the dollar fell and investors became hopeful about interest rate cuts.
Read more
CoinDesk • Nov 29, 23
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CoinDesk • Nov 29, 23
Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi
Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024.
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CoinDesk • Nov 29, 23
Republic to List Profit-Sharing Digital Security Token on INX Next Week
The token will be accessible to retail investors who don’t usually have the opportunity to invest in private companies without large checks and accreditation.
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CoinDesk • Nov 29, 23
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The roadmap paves the way for heightened performance for the layer-2 blockchain developed by BNB Chain.
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BeInCrypto • Nov 29, 23
US Economy Beats Growth Estimates to the Upside
The US economy records strong growth, even as consumer PCE adds a new data point to the Fed's inflation puzzle.The post US Economy Beats Growth Estimates to the Upside appeared first on BeInCrypto.
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Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
A selection of cryptocurrencies in the top 50 by market cap.
A selection of the most recently added cryptocurrencies.
Of all the assets on Coinbase, these 12 are the closest to Rari Governance Token in market cap.
Here is a selection of advanced trading pairs that people watch and convert
CBETH-ETH
1 cbETH equals 1.05461 ETH
SOL-ETH
1 SOL equals 0.0296 ETH
LSETH-ETH
1 LSETH equals 1.03033 ETH
TRB-BTC
1 TRB equals 0.000348 BTC
WBTC-BTC
1 WBTC equals 0.999 BTC
XRP-BTC
1 XRP equals 0.000008 BTC
BTC-USDC
1 BTC equals 19,689.00 USDC
ETH-USDC
1 ETH equals 1,079.00 USDC
USDT-USDC
1 USDT equals 1.0004 USDC
BTC-USDT
1 BTC equals 37,777.05 USDT
ASM-USDT
1 ASM equals 0.00994 USDT
INDEX-USDT
1 INDEX equals 1.06 USDT
4 unique individuals are talking about Rari Governance Token and it is ranked #1,830 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rari Governance Token has an average sentiment score of 0.9 out of 5. Finally, Rari Governance Token is becoming more newsworthy, with 0 news articles published about Rari Governance Token. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Rari Governance Token. There were 50% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Rari Governance Token. 50% of tweets were neutral about Rari Governance Token. These sentiments are based on 8 tweets.
On Reddit, Rari Governance Token was mentioned in 0 Reddit posts and there were 0 comments about Rari Governance Token. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Contributors
4 people
Dominance
0%
Volume rank
#1,830
Average Sentiment
0.9 out of 5
Tweet Count
8 people
Sentiment
50%
Bullish
50%
Neutral
0%
Bearish
Conversion Table
RGT/CAD (Canadian Dollar)
CA$1.03
RGT/JPY (Japanese Yen)
¥111.75
RGT/INR (Indian Rupee)
₹63.07
RGT/BRL (Real)
R$3.70
RGT/EUR (Euro)
€0.69
RGT/NGN (Nigerian Naira)
NGN 600.25
RGT/KRW (South Korean Won)
₩978.26
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The price of Rari Governance Token has fallen by 12.19% in the past 7 days. The price declined by 4.83% in the last 24 hours. In just the past hour, the price shrunk by 1.10%. The current price is $0.76 per RGT. Rari Governance Token is 98.89% below the all time high of $68.21.
The current circulating supply is 12,472,025.562 RGT.