What is Rigel Protocol | Understanding its ecosystem and latest products

In this blog, I have talked about a very interesting and innovative project named Rigel Protocol.

Disclaimer:

Blog:

The name of the project is Rigel Protocol they also say “it’s a decentralized project for all our Defi needs”, Rigel Protocol enables cross-chain swapping without coin wrapping, order book or deposits which is built on Binance Smart Chain and Ethereum Blockchain which makes it more convenient, secure and faster. Rigel Protocol also has its native token named RGP, the RGP token holders will get high annual yield interest.

The project has strong fundamentals and is spreading widely, this is one of those projects where the earlier to get in the more it will be beneficial for you and your portfolio. Rigel Protocol has created some awesome products for the community, I have explained some of them below.

Rigel Protocol Platform has the following products:

  1. Smart Swapping
  2. Margin Trading
  3. Yield Farming

The decentralized SmartSwap of Rigel Protocol is a very good fundamental exchange with awesome features like cross-chain protocol, margin trading, and yield farming

What makes Rigel Protocol Different

  • The Whole Rigel protocol project is community-driven it is completely designed, developed, and set up for the community, additionally all the decisions regarding development and decision making are in the hands of the community.
  • The Rigel protocol cross-chain operations guarantee low transaction fees, Moreover, the funds are in the hands of the users and there is no need for KYC.
  • The users will have full transparency and control over their funds while they are interacting with any of Rigel protocol’s products

Rigel Protocol Developments

  • Binance Smart Chain Reward Series
  • Community Airdrop Release
  • Token Contract Release
  • Community Contest
  • Ecosystem and features showcase
  • Community adoption and Partnerships
  • Refined Smart Swapping and Yield Farming
  • Gift Dapp

Future Releases and Development

Rigel Protocol Ongoing Events

1.Rigel Protocol & Bitforex Trading Competition

2.Rigel Protocol First Token Burning Event

3. Rigel Protocol Gift DApp Testnet

4. Special Staking Pool for $RGP

$RGP-TOKEN

I would suggest while buying anything follow a proper plan which decreases the chances of losing money, so what you can do is you can do dollar-cost averaging and set buying bids after some intervals with lower the bid the more the buying.

I hope the blog was knowledgeable and you learned something new, I really enjoyed writing this blog you can share your view on the project and if there is any query you want to ask feel free to ask me here in the comments or on any of my socials

Twitter | YouTube | Instagram | Reddit | LinkedIn

--

--

Crypto Enthusiastic

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store