RedFOX Labs has been creating ventures since 2018 that utilize blockchain technologies to enhance existing business models and promote digital inclusion. One of these ventures is the RFOX Finance protocol. Within the RFOX ecosystem, various ventures like RFOX Games, KOGS, NFT Marketplace, RFOX Media, RFOX Streaming Platform, and MyMedia will all contribute to an interconnected virtual world known as the RFOX VALT.
RFOX Finance was introduced as a platform for the $VFOX token, offering token holders a portion of the transaction volume within the RFOX VALT. The $RFOX token serves as the universal currency within this virtual ecosystem, with all payments being settled in $RFOX and the option for fiat off-ramping.
On May 10th, RFOX Finance launched by forking Pancakeswap and successfully deployed token and farming contracts on the Binance Smart Chain. Prior to the launch, audits were conducted on the farm, auto-claim, 3rd party bridge, and token contracts by Hacken.
It is worth mentioning the auto-claim contract, which is used to harvest the farm from the initial liquidity provided by RedFOX Labs whenever a farmer harvests their $VFOX. The harvested tokens are then exchanged for $RFOX and reserved for weekly burn parties.
Furthermore, there are plans to announce additional DeFi products and services in the future.
For those who want to download the Rfox-Finance logo, we have
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