reflect.finance (RFI)

reflect.finance, the crypto

Reflect.finance (RFI) is a decentralized finance (DeFi) token running on the Ethereum network. It is a smart contract-based token that uses mathematical algorithms to incentivize users to hold onto their tokens for longer periods of time. Every transaction of the token triggers a redistribution of the trading fee to existing token holders, increasing the value of their holdings without the need for staking or farming.

The point

The main point of reflect.finance (RFI) is to create a self-sustaining ecosystem where holders of the token are incentivized to hold onto their tokens for the long-term. This is achieved through a transaction fee that is redistributed to token holders, creating a passive income stream for long-term holders.

The problem

Reflect.finance (RFI) tries to solve the problem of token holders selling their tokens too quickly, creating volatility in the market and reducing the long-term value of the token. By incentivizing users to hold onto their tokens for longer periods of time, RFI creates a more stable and sustainable ecosystem.