It is a secure gasless transaction system designed to simplify the process of paying transaction fees on the blockchain. It allows you to pay fees using any ERC-20 token on the Rootstock network without first purchasing RBTC.
RIF is at the core of @RootstockColl, a DAO designed to empower the Rootstock community and drive the project's future growth.
Through an innovative governance system, RIF tokens unlock a new level of community participation https://rif.technology/content-hub/rif-role-in-rootstock-collective/
Decentralized autonomous organizations promote transparency & fairness by empowering members to vote on a project’s future. However efficient governance is key to their success.
Explore the pros and cons of different DAO governance models. https://rif.technology/content-hub/dao-governance-models/
Across continents, DeFi is weaving itself into the fabric of local economies, addressing region-specific challenges and preferences.
From Europe's regulatory advancements to Asia's booming NFT market, each region is embracing DeFi in unique ways. In Latin America and Africa, stablecoins and P2P transactions are providing relief from high inflation rates. Meanwhile, the Middle East is encouraging citizens to adopt blockchain technology.
In the battle of the rollups, who will come out on top? Optimistic Rollups assume transactions are valid unless challenged, while ZK Rollups demand upfront proof.
The world economy is facing unprecedented turmoil. Inflation rates are skyrocketing across the globe - with some countries like Turkey, Argentina, and Venezuela facing inflation as high as 80-150% the past years. As savings lose value and purchasing power diminishes, people are desperately seeking solutions.
Enter stablecoins - cryptocurrencies designed to maintain a stable value. Tethered to reserve assets like the US dollar, stablecoins seem to provide the answer to economic instability
From HODLing to everyday transactions, Bitcoin is reshaping DeFi in LATAM. Last quarter, Rootstock and RIF enabled 37K+ remittances on the Rootstock network.
Borderless payments across LATAM are happening. More updates soon 👀
Stablecoins offer a unique value proposition by combining the stability of traditional fiat currencies with the flexibility and innovation of cryptocurrencies.
As the market continues to evolve, we can expect to see further adoption and new use cases emerge for stablecoins around the globe.
The USDRIF stablecoin has been upgraded to V2.0 and is now live on mainnet. This community-approved update, launched on June 4th, 2024, enhances usability, reduces costs, and increases accessibility in the Bitcoin L2 and broader Web3 markets.
Have you heard about Decentralized Autonomous Organizations (DAOs)? They're a new way to organize what's built on blockchain. https://rif.technology/content-hub/what-is-a-dao/
BitVMX represents a major advancement in bringing advanced computation to #Bitcoin Here’s everything you need to know 👇
BitVMX is an advanced computational layer for Bitcoin that essentially allows developers to run anything on Bitcoin… even Linux! But in the short term, there are three big areas of interest from the community in how BitVMX can be used…
Decentralized autonomous organizations promote transparency & fairness by empowering members to vote on a project’s future. However efficient governance is key to their success. Explore the pros and cons of different DAO governance models.
What are decentralized autonomous organizations, and how do they work? DAOs allow everyone within a business, nonprofit, or project to have a voice — with blockchain-powered smart contracts giving everyone voting power.
DAOs are blockchain-powered communities where control is placed in the hands of everyday users. Here's how blockchain governance is revolutionizing the world of finance… and making it fairer.