About Rulerprotocol.com
Rulerprotocol.com is a lending platform where users can borrow their preferred cryptocurrency with any other cryptocurrency as collateral. It aims to fill the gap by enabling no liquidations as long as borrowers pay back on time, interest rates determined by supply and demand, fixed-rate loans at the moment of borrow/lend, fungible loans that can be tradable anytime & anywhere. Ruler Protocol is a lending platform where users can borrow their preferred cryptocurrency with any other cryptocurrency as collateral.
Rulerprotocol.com is airdropping a total of 3,333 RULER to users who participated in Cover Protocol, Yearn Ecosystem, and Inverse governance via snapshot.page and to Ruler Protocol testing program participants. All eligible participants will be able to claim 2 RULER tokens. Market driven lending platform with non-liquidatable loans.
| Platform | Estimated Value | KYC | Website |
|---|---|---|---|
| ETH | $2,500 | KYC for users is NOT a requirement | Click Here To Visit |
RULER Tokenomics
Rulerprotocol.com is the valueless governance token that governs the Ruler Protocol. RULER is a valueless governance token.
- It is mainly used to govern the future of the protocol
- RULER token holders may receive other product benefits in the future including but not limited to
- Higher minting ratio
- Delayed payments
- RULER token holders may benefit from proposals community passed, for example, fee sharing etc.
Token Supply
Rulerprotocol.com will be a capped supply of 1,000,000 RULER tokens.
At month 3, ~17.75% of the RULER tokens will be circulating.
At month 6, ~29.5% of the RULER tokens will be circulating.
At year 1,~47% of the RULER tokens will be circulating.
At year 2, ~75% of the RULER tokens will be circulating.
At year 3, ~87.5% of the RULER tokens will be circulating.
What is Rulerprotocol.com and what makes it unique?
Market Priced
No bonding curve to determine interest rates, instead rates are decided by market demand and supply.
No Liquidation
Rulerprotocol.com With Ruler, as long as you follow the rules, you will never have to worry about health factors or having your position liquidated.
Fungible Loan
Obtain ERC-20 loans for the time period you need. Trade your debt sheet anytime.
Decentralized
Rulerprotocol.com smart contracts will be deployed, and verified on the Ethereum blockchain, making lending and borrowing entirely censorship resistant and open.
Limitless
Ruler Protocol will allow you to lend out any asset. Those looking to borrow an asset are able to, as long as there are people willing to lend it out.
No Kyc Required
Rulerprotocol.com allows you to lend and borrow without needing to give up your identity.
What is RULER Token and what is it used for?
Completely Valueless
RULER tokens are valueless and serve as governance tokens for Ruler Protocol.
Governance
Vote on community-submitted proposals that will shape the future of the protocol.
Liquidity Mining
Earn Rulerprotocol.com tokens through being a liquidity provider by lending assets.
Bug Bounty Program
Rulerprotocol.com is offering up to $1,000,000 in RULER token for critical bugs found, with its main bug focus being on the loss of users’ funds. Ruler Protocol has formed a partnership with Immunefi to help ensure the safety of the protocol, its continued security, and future success! They believe security is the number one priority when building a protocol!
Immunefi is the premier bug bounty platform for smart contracts and DeFi projects, where security researchers review code, disclose vulnerabilities, get paid, and make crypto safer. Immunefi removes security risk through bug bounties and comprehensive security services to help drive high-quality decentralized financial products to the public.