Relite Finance (RELI)

IDO

Last updated: Jul 16, 2021

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 industry	Finance Services & Banking
Product type	Technology
Whitepaper	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