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The Relite Finance IDO Timeline

Relite Finance
May 16, 2021
2 min read

Eight months ago the Relite Finance team set out on a mission with one goal in mind; to redefine the DeFi space. As proponents of the decentralised finance ecosystem, we saw all the beauty and potential of what is sure to be the future of finance, but the flaws presented themselves equally obviously.

That’s why we created Relite, to address the problems of interoperability, usability, and over collateralisation. We’re on track to do that, and a whole lot more.

The RELI token generation event will accompany the IDO on Paid Network’s Ignition Launchpad. There’s no doubt that the hard work, efforts, and excitement shared by our community were a major contributing factor that led us to where we are today. The details of the upcoming IDO are shared below.

Thank you!

Note:There are fake $RELI tokens on Uniswap, please don’t try to buy any before the official $RELI is publicly listed on exchange(s).

Summary

  • IDO Date : May 17th, 2021–11:00 AM UTC
  • IDO Price : $0.045
  • IDO will follow the standard tier system by Paid Ignition Team until $0.5M is reached
  • Make sure your address is whitelisted to participate in the IDO
  • We will publish the $RELI contract address on 1:00 PM UTC through our official channels only.

Relite IDO — Timeline

  • 10:45 AM UTC — The Relite Telegram channel will be muted
  • 11:00 AM UTC — IDO starts on Paid Ignition Launchpad
  • 1:00 PM UTC — IDO closes. Uniswap listing goes live
  • 1:15 PM UTC — IDO participants can claim their tokens from Paid Ignition Launchpad
  • 1:30 PM UTC — Official Chat will be unmuted

About Relite Finance

A decentralized, cross-chain lending protocol re-defining crypto money markets.

Built on Polkadot.

Relite is on track to tear down the walls of accessibility to the world of decentralized finance by transforming the user experience, cost, and lack of interoperability which restricts the evolution of the DeFi ecosystem.

The conversation doesn’t end here, join the official channels to stay up to date

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Token Metrics

Tokenomics

Swipe left
Crypto lending Platform
Centralized or Decentralized?
Rating out of 5
Interest Rates
BTC
ETH
USDT
DAI
XRP
XLM
Aave
BlockFi
Cake
Basic
-
0.0%
0.1%
2.7%
-
-
Celsius
Crypto.com
Nexo
Max
-
0.0%
0.1%
2.7%
YouHodler
Binance
CoinLoan
Decentralized
3.2
Basic
0.5%
0.5%
9.3%
8.5%
3.5
-
-
-
Centralized
Max
5.0%
4.5%
9.3%
8.5%
-
-
-
Decentralized
3.0
Basic
5.0%
5%
8.0%
-
-
-
-
-
-
Max
7.5%
7.5%
8.0%
Decentralized
4.0
Basic
Max
Basic
Max
4.4%
5.3%
8.9%
8.9%
2.5%
3.1%
6.2%
6.3%
11.2%
11.2%
3.1%
3%
3.0
Centralized
1.5%
3.5%
6.0%
6.0%
-
0.5%
8.5%
8.5%
14.0%
14.0%
-
5.0%
Centralized
3.7
Basic
Max
Max
Max
Max
4.0%
4.0%
4.0%
4.0%
8.0%
8.0%
8.0%
8.0%
8.0%
8.0%
12.0%
12.0%
Centralized
Centralized
Centralized
3.8
3.7
3.5
Up to 12.7% for all 25 supported crypto assets
Up to 7% for all 58 supported crypto assets
Up to 12.3% for all 18 supported crypto assets

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