Relite Finance logo
WebsitePaid Ignition

Relite Finance (RELI)

IDO

Relite Finance is a cross-chain lending protocol enabling users to lend and borrow all crypto assets in one place by utilising the latest Polkadot and Ethereum frameworks.

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Overview

Project industryFinance Services & Banking
Product typeTechnology
WhitepaperRelite Finance White Paper Open

What is Relite Finance

Relite is a money market protocol enabling users to lend, borrow, and stake all crypto assets in one interface.

With interoperability at its core, Relite Protocol enables the utilisation of ERC-20 tokens alongside other popular chains (Bitcoin, Polkadot), creating a mixed asset basket.

Through this we will offer lower collateralization requirements, manageable fees, and unprecedented levels of usability.

Users are empowered to utilise any native crypto asset, further driving adoption to the masses.

Details

IDO (Paid Ignition): May 17, 2021 - May 17, 2021
Token supply: 182,000,000 RELI
Total tokens for sale: 14,893,666 RELI
Soft cap: 338,500 USD
Raised: 1,510,000 USD

Legal

Blockchain Platform: Polkadot
Registration year: 2020

Token info

Ticker: RELI
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 RELI = 0.045 USD
Accepted currencies: ETH, USD
Token distribution:
25% - Liquidity mining
17% - Partners & Ecosystem
15.8% - Private sale
10% - Team
10% - Treasury
8% - Advisors
6.2% - Public Sale
5% - Research Lab

Relite Finance Roadmap

1
Q1 2021
  • ETH and DOT initial deployment
  • ETH & DAI Supply
  • Lending/ Borrowing & Liquidity Rewards
  • Staking and Reserve Fund implementation
  • External Contract Audit
    • 2
    Q2 2021
  • Gradual migration to bridges and parachains
  • Assets: USDC, UNI, SNX, COMP, AAVE
    • 3
    Q3 2021
  • Full interoperability: Polkadot and ERC-20
  • Assets: DOT, KSM, ACALA
  • Assets: USDT, YFI, REN
  • NFT Collateral
    • 4
    Q4 2021
  • Full interoperability: Polkadot and Bitcoin
  • Assets: Bitcoin, LTC
  • Fixed terms pools, maturity contracts
    • 5
    Q1 2022
  • Initial Governance structure
  • Assets: SNX, 0X, REP
    • 6
    Q2 2022
  • Credit Insurance
  • Flash loans
  • Assets: ATOM, EOS
    • 7
    Q3 2022
  • Credit transferability
  • Margin loans and swapping
    • 8
    Q4 2022
  • Full DAO implementation
  • Synthetics and real-world assets
  • Mortgage Loans

    • Project team

    George Groshkov
    George Groshkov
    Founder
    George Groshkov linkedin
    Evald Hannes Kree
    Evald Hannes Kree
    Founder - Compliance
    Evald Hannes Kree linkedin
    Boris Lebowski
    Boris Lebowski
    CTO
    Boris Lebowski linkedin
    Stan Kirilov
    Stan Kirilov
    Product
    Stan Kirilov linkedin
    Hristo Piyankov
    Hristo Piyankov
    Risk Modeling
    Hristo Piyankov linkedin

    Advisors

    Kyle Chasse
    Kyle Chasse
    Advisor | Paid Network
    Kyle Chasse linkedin
    Marco Calicchia
    Marco Calicchia
    Advisor | Certik
    Marco Calicchia linkedin
    Dr. Deeban Ratneswaran
    Dr. Deeban Ratneswaran
    Advisor | Remarxs.com and GD10.ventures
    Dr. Deeban Ratneswaran linkedin
    Orion Depp
    Orion Depp
    Advisor | Master Ventures
    Orion Depp linkedin

    Social media

    Relite Finance web-siteRelite Finance MediumRelite Finance TelegramRelite Finance LinkedInRelite Finance X (Twitter)

    MVP

    MVP URL

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