Rolik Protocol

2.28%
$RLX
Binance Smart Chain
Contract
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Rolik Protocol to USD Chart

What is Rolik Protocol?

EVOLVING, RESPONSIVE, DECENTRALIZED RLX is a fully-collateralized, risk-managed stable token for Cosmos. Start your journey today!

Ride Dynamics RLX is a fully-collateralized, cryptocurrency-backed stable token for use across Cosmos DeFi. It's designed to maintain parity with the US dollar (USD) for broad accessibility. Initially, you can mint RLX with bridged USDT or USDC using the Parity Stability Module (PSM). However, new and exciting minting mechanisms like Vaults and BLD Boost are coming soon! RLX is deployed on Agoric and will act as the native fee token once enabled. Additionally, holders of the Agoric BLD token (‘the BLDer DAO’) have sovereign governance over the protocol. A recently elected Economic Committee will manage risk parameters, evaluate new collateral types, monitor protocol operations, and respond to process improvement proposals.Over-Collateralization

Vaults will enable RLX to be over-collateralized, meaning that for each newly minted RLX token, there is a higher amount of collateral backing it. This enables the protocol to factor in the volatility of crypto assets and provides backing for each RLX.

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Prices

Market Cap2.28% $15,117
USD Price$0.000020
Price Change 1h0.13%
Price Change 24h2.28%
24h Low / 24h High$0.000019773408549973
$0.000021305256312749

Timeline

Launched 
Added