The current price of reflect.finance (RFI) is $ 0.01090934. The cryptocurrency's price is constantly being updated, so it's important to check frequently if you're considering any investment decisions.
reflect.finance (RFI) is a unique cryptocurrency that operates on the principle of reflection, LP acquisition, and burn. In simpler terms, it is designed in such a way that for each transaction (including buying, selling, and transferring), a tax is applied, and a portion of this tax is redistributed to existing RFI holders. This functions as an incentive for people to hold the coin for longer periods and results in constant inflation-deflation dynamics.
Unfortunately, specific details on the creators of reflect.finance (RFI) are not provided. The motivation behind its creation, however, is clear. It seeks to provide a dynamic value that changes not only in price, but also in the volume within each holder's wallet. This innovative design encourages long-term holding and rewards active users simultaneously.
reflect.finance stands out due to its unique reflective protocol. Holders of RFI don't need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are immediately reflected in the holder's balance. This revolutionary feature makes it easy for holders to earn yield passively, simply by holding the token in their wallet.
The circulating supply of reflect.finance (RFI) is 9.4M. This is the amount of RFI tokens that are currently available and active in the market.
In the last 24 hours, reflect.finance’s (RFI) price has increased by +0.00%. Keep in mind that cryptocurrencies can be quite volatile, and prices can fluctuate dramatically over short periods of time.
reflect.finance (RFI) can be bought safely and securely on BitMart. It's essential to use reputable platforms to ensure the safety of your funds.
Safeguarding your cryptocurrency, like reflect.finance (RFI), is essential to prevent theft and losses. You can store your RFI on popular crypto wallets which are secure. Always make sure to use hardware wallets for larger amounts because they provide the strongest level of security.
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