M³ / reflect.finance ($RFI)

Last Update: Dec 5, 2020 / Price: $0.448322

Basic info

https://reflect.finance/
Blockchain: ERC-20
Availability: Uniswap (v2)

Review

RFI works by applying a 1% fee to each transaction and instantly splitting that fee among all holders of the token.

Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are immediately reflected in the holders balance.

1. This allows for frictionless dual yielding opportunities since the network is structured to reward holders of RFI automatically, while allowing hodlers to stake/use them in 3rd party yield farming apps.

2. Officially launched December 2nd 2020, so market activity was ignored for November when analyzing.

3. Limited max supply of 10,000,000 tokens. Stable activity after two major jumps in the initials stages show signs of positivity.

4. Healthy Telegram community; https://t.me/reflect_finance

5. Wallet preview for better tracking/management of RFI tokens and yield activity.

Conclusion

  1. Dec 5, 2020: High Moon Potential