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Rari is a decentralised finance (DeFi) platform that allows users to lend, borrow and farm yield a variety of different cryptocurrency assets. According to the project’s blog, Rari Capital intends to build technologies that permit the masses to earn on their idle capital without any intervention by the user. Built on the Ethereum blockchain, the DeFi application’s unique selling point is its automated non-custodial fund. Relying on underlying smart contracts users can entrust cryptocurrencies to the platform. The platform then finds the best yield-earning opportunities among DeFi applications. Portfolios are rebalanced automatically utilising both cryptocurrencies and stablecoins. Thanks to its decentralised infrastructure, the platform can be used by anyone, anywhere in the world. As a result, it provides an opportunity for the third-world unbankable to earn a yield on savings.
RGT is the native cryptocurrency of the Rari ecosystem. It is primarily used to facilitate a variety of financial transactions. Token holders are also eligible to vote on development decisions.
Rari Governance Token (RGT) is the 312nd largest cryptocurrency in the world by market cap, valued at $86,014,751. The current price of Rari Governance Token is $10.9624, which is 1.228% higher than yesterday. Prices have ranged between $11.3884 and $10.508 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 19, 2022 07:05 UTC.
| Coin symbol | RGT |
|---|---|
| Coin Marketcap | AUD$86,014,751 |
| Total RGT supply | 12,485,048 |
| Circulating RGT | 11,255,496 |
| Current price | AUD$10.9624 |
| All time high | AUD$130.2992 |
| All time high date | November 05, 2021 |
Historical prices compared with the price of $10.9624.
| 1 hour | -0.28% |
|---|---|
| 24 hours | 1.23% |
| 7 days | 0.73% |
| 14 days | -27.38% |
| 30 days | -49.56% |
|---|---|
| 60 days | -51.15% |
| 200 days | -80.83% |
| 1 year | -29.68% |
Disclaimer: Cryptocurrencies, including Rari Governance Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RGT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Rari Governance Token or any other cryptocurrency discussed.
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