RYIP is open for trading on LATOKEN! RYI PLATINUM (RYIP) R | LATOKEN Announcements
RYIP is open for trading on LATOKEN!
RYI PLATINUM (RYIP)
RYIP is a cross-chain Automated Market Maker (AMM) connector that provides a decentralized Liquidity Tap for various tokens. The Liquidity Tap is the powerhouse of Liquidity Pools, deploying a dynamic algorithm that provides Liquidity Providers with fairer and more efficient incentives over time. RYI Platinum also serves as the governance token for RYI Unity's Defi- Ecosystem. Based on its basic functions, RYI Platinum also developed and employed the DeFi trading aggregator. This function will allow each liquidity provider to participate and withdraw with one-click. After comparing the asset prices and APY (annual percentage yield) of several liquidity pools in different AMM platforms, it was observed that through the most optimized path to decrease the trading slippage and gas fee on chains, the complexity of frequently switching between platforms and comprehensive trading cost can also be reduced.
