$RIF
The RSK Infrastructure Framework (RIF) is a cryptocurrency token that operates on the RSK platform, which brings smart contract functionality to Bitcoin. The RIF token powers decentralized sharing economies (DSE), facilitating peer-to-peer transactions through smart contracts. This enables decentralized applications (dApps) and services such as decentralized finance (DeFi), identity management, and more.
The total supply of RIF is capped at 1 billion tokens, and as of December 2024, it has a circulating supply of approximately 569 million. The token is designed to integrate Bitcoin's security and decentralization with the flexibility and functionality of smart contracts.
RIF is often used within the Rootstock ecosystem, where it enables a variety of services in the growing decentralized space. The current price of RIF is around $0.1253, and its market cap is roughly $66 million.
