What Is RiFi United (RU)?

As per the website, RiFi United is a blockchain-based soccer management game. The soccer manager simulator works on the play-and-earn model. The platform allows users to become managers and coaches, as well as the head of the club. As a RiFi United soccer manager, users can form their dream team and participate in soccer tournaments. Besides, platform users can purchase training packages, equipment, and treatments to improve their virtual players’ skills. Furthermore, every team can contribute to the reward pool at the beginning of the season.

According to the whitepaper, RiFi United aims to launch the platform’s in-game financial model in the first quarter of 2022. Rikkei Finance (RIFI) is a one-stop solution that is scalable and user-friendly. And one of the core features of Rikkei Finance is that it seeks to support cross-chain transactions. Furthermore, Rikkei Finance aims to solve four prominent flaws of current lending protocols, such as limiting cross-chain transactions. Another one is implementing an improved interest rate model and supporting various types of collateral. And lastly, it seeks to eradicate the issue of no liquidation coverage by promoting smooth user experiences through a better range of liquidity.

The RU is the native token of RiFi United. RU is a multi-utility token, so the token owners can use it for trading with NFT players. Another way of utilizing the RU token is through staking. Furthermore, 50% of the tokens are for rewards, whereas 30% of them are for community development. And lastly, 20% of the tokens are for liquidity. Liquidity is the easy conversion of an asset into traditional currency without impacting the market price. 

History of RiFi United (RU)

RiFi United was introduced in the fourth quarter of 2021. The team of RiFi United comprises five members, including two advisers. Quang Trong and Thien Nguyen are senior game developers. Jeff Le is the tech lead of the company. The maximum total supply of RU tokens is 1,000,000,000 RU.