Interest-Free Decentralized Lending

Decentralized Lending with Conflux, Unlock Financial Freedom through CFX Collateral

Partners

    • Conflux
    • Swappi
    • Nodereal
    • Pyth

    Unlock the Power of DeFi Lending

    Experience seamless, secure, and powerful borrowing with RIME

    Instant Liquidity

    Quickly access RUSD stablecoins by using your CFX as collateral, providing instant liquidity whenever you need it

    Transparent & Trustless

    RIME is fully controlled by smart contracts, ensuring a transparent and trustless ecosystem without any centralized authority.

    Flexible Borrowing

    With no fixed terms and the ability to manage your collateral, RIME offers unparalleled flexibility for your borrowing needs.

    Frequently asked questions

    If you can’t find what you’re looking for, email our support team and if you’re lucky someone will get back to you.

      • What is the RIME Protocol?

        The RIME Protocol is a decentralized lending platform that allows users to borrow RUSD stablecoin using CFX as collateral. It is entirely controlled by smart contracts without relying on any centralized institutions.

      • What is RUSD?

        RUSD is a stablecoin native to the RIME Protocol. It is pegged to the value of 1 USD and can be used for various DeFi applications, such as lending, borrowing, and trading.

      • How do I borrow RUSD?

        To borrow RUSD, you need to deposit CFX as collateral to create a Trove. Once your Trove is created, you can then borrow RUSD up to a certain limit based on the collateral ratio.

      • What is a Trove?

        A Trove is a user's individual account in the RIME Protocol. It contains their CFX collateral and RUSD debt. Users can manage their Troves by adjusting the collateral ratio, borrowing more RUSD, or repaying their debt.

      • What are the fees and interest rates?

        The RIME Protocol does not charge any interest rates on RUSD loans. However, there are fees associated with borrowing and redeeming RUSD, which are determined by the system's parameters.

      • What is the Stability Pool?

        The Stability Pool is a pool of RUSD that users can deposit into to earn RMT tokens and help maintain the stability of the RIME Protocol. When a liquidation occurs, the deposited RUSD is used to purchase the liquidated CFX collateral.

      • How do I earn RMT tokens?

        You can earn RMT tokens by depositing RUSD into the Stability Pool or by staking RMT tokens in the RIME Staking contract. Both methods reward users with a share of the RMT token distribution.

      • What are the risks involved?

        As with any DeFi platform, there are risks associated with using the RIME Protocol, such as smart contract risks, liquidation risks, and market volatility. It is essential to understand these risks before participating in the platform.

      • Where can I find more information and resources?

        For more information and resources on the RIME Protocol, you can visit the official documentation at http://docs.rime.finance/, join the community on Discord, or follow RIME on social media platforms like Twitter.