Topic: [ANN] REAP PROTOCOL 🔥🔥 DeFi|Swaps|Maximize Yield Farm|& More 🔥🔥 is Now Live (Read 31 times)

Intro
The Reap Protocol core features enable maximizing yield farming, governance, automated market maker (AMM) swaps and is the first to introduce stablecoin swaps on the Tron Blockchain. Reap Protocol is an autonomous protocol for creating efficient money markets. More assets and market types are set to be supported including but not limited to BTC & ETH.

The Reap Protocol is empowering DeFi on the Tron Network. It is one of the first and only defi project on the tron blockchain with future development plans to consider also porting over to other blockchains and enable multi-chain interoperability. The Reap Protocol has finished initial development stages, smart contract testing & audit, optimization of gas cost to further reduce already lower transaction fees compared to ethereum and bitcoin blockchain, and a soft launch on tron shasta testnet to make sure everything was running correctly. It has passed all checks which is why Reap Protocol is recently launched and now fully live on the MainNet. Ongoing development will now bring more features and utility to the protocol and its users.

About the Protocol Token $REAP
The REAP token is a staking rewards token distributed out to users who participate in the protocol. Users will not only earn interest yield on their crypto assets but also profit through REAP Rewards. Reap tokens can be staked on the protocol in order to partake in profit share distribution which receives a portion of generated profits from each asset pool. As the protocol grows, so too will the rewards. This creates a linked incentive for both early and future users. The REAP token will soon be listed and available on exchange so the option to sell the token is also possible. There is no initial supply. That means No pre-mining nor any reserve. All tokens are distributed only to users who partake in the protocol based on assets, amount, and corresponding reward rates. This is handled arithmetically by the contract. There is a limited max supply of 800,000.

Assets in the protocol are accumulated and compounded automatically the moment they are deposited. Unlike other projects, there is no time-lock for withdrawals or initial holding period requirements that make your funds inaccessible. You may withdraw deposited assets at anytime, right from the start. Each asset market has its own corresponding trc20 token given out on deposit that represents the user’s ownership of the underlying asset. This makes it possible for external markets or other dapp developers to utilize these in their own applications.


Come take a look at our Website: http://reapprotocol.com/