Big News: Avalon Labs is officially live on @rootstock_io, Bitcoin’s Layer 2 — offering BTC-backed lending for RBTC, RIF, USDC.E, USDT0 & more!
Supply and Borrow on @avalonfinance_ to win @lilpudgys + $RIF by joining Golde Sats Challenge
DeFi News
Avalon Labs Launches on Bitcoin Layer 2 Rootstock
Bitcoin lending market Avalon Labs is now live on Rootstock, the fourth largest Bitcoin sidechain by total value locked (TVL), according to a press release viewed by The Defiant.
The integration will see Avalon expand to Rootstock, and compete to be the chain’s largest lending market by providing access to Bitcoin-collateralized lending for digital assets such as Rootstock’s RBTC and RIF, as well as stablecoins like USDC.E and Tether’s cross-chain stablecoin protocol USDT0.
Avalon is the latest major integration for Rootstock, which already boasts support for USDT0, LayerZero, and Solv Protocol. These additions to Rootstock are meant to boost the chain’s capabilities as a leader in Bitcoin DeFi, also known as BTCFi, and are intended to help the network continue to scale to new highs.
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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About Rifampicin (RIF)
Rifampicin (RIF) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Rifampicin (RIF)?
As a decentralized currency, free from government or financial institution control, Rifampicin is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Rifampicin involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Rifampicin (RIF) prices and information here on OKX today.
How to buy and store RIF?
To buy and store RIF, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying RIF, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 390 new posts about Rifampicin, driven by 157 contributors, and total online engagement reached 7.4K social interactions. The sentiment score for Rifampicin currently stands at 89%. Compared to all cryptocurrencies, post volume for Rifampicin currently ranks at 5072. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Rifampicin.
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Posts
390
Contributors
157
Interactions
7,360
Sentiment
89%
Volume rank
#5072
X
Posts
387
Interactions
7,357
Sentiment
90%
Rifampicin FAQ
What is cryptocurrency?
Cryptocurrencies, such as RIF, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as RIF have been created as well.
Can I buy RIF on OKX?
No, currently RIF is unavailable on OKX. To stay updated on when RIF becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of RIF fluctuate?
The price of RIF fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
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Disclaimer
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