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Rigel Finance Combines a DeFi AMM with Yield Farming to Boost ROIs

Published

4 years ago

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Rigel Finance Combines a DeFi AMM

Rigel Finance seeks to enhance the way you trade via its unique yield farming AMM protocols. This Automated Market-Making (AMM) combines a Decentralized Exchange (DEX) with some of the world’s top DeFi features. Specifically, you can farm, stake, and trade with ease using this platform.  

What is an AMM?

The first thing to understand is that Rigel Finance is an AMM. AMMs differ from traditional exchanges in a couple of important ways. When you trade using a conventional crypto exchange, you’re exchanging your tokens with another trader directly. In the case of centralized broker exchanges, you’re purchasing your crypto from the platform itself. 

When you trade on an AMM, you are actually interacting with a smart contract that acts as a liquidity pool. This smart contract then “makes” the market for you. AMMs are growing in popularity because they provide a lot of benefits over their traditional counterparts. Primarily, they allow digital assets to be traded without permission and automatically. 

Yield Farming

Rigel Finance leverages its powerful AMM engine and combines it with a yield farming protocol to provide users with more opportunities to earn. Yield farming is an investment strategy that involves locking your cryptocurrency into a liquidity pool. It’s very similar to staking. 

The main difference between staking and yield farming is that yield farming usually has no required lockup period, whereas staking protocols can require 30-days or longer. Also, staking protocols usually have some early withdrawal fee or penalty if you need to access your crypto before the lockup ends. Consequently, yield farming has gained a lot of attention since it entered the market last year.  

Rigel Yield Farming 

In the Rigel ecosystem, you earn RIGEL tokens by farming RigelSwap V2 RLP. Impressively, the network currently supports 18 pairs of yield farming pools to suit your investment needs. The network rewards you with a respectable 15% of RIGEL/block in the pair RIGEL-ETH RLP and 5% of RIGEL/block for the other 17 pairs. Best of all, the yield farming protocol is deflationary. 

Deflationary Yield Farming is the Future

One of the biggest complaints of yield farmers in the market currently is inflation. In most DeFi scenarios, the rewards tokens are issued whenever new liquidity is added to the pool. Sadly, this approach leaves investors suffering as time progresses because the token issuance rate begins to out weight the demand.

To combat these inflationary concerns, Rigel Finance introduces a proprietary deflationary mechanism. This system helps developers gain more control over their project’s token value. Every day, the network automatically trades all the LP (liquidity pool) tokens for RIGEL tokens. These tokens then get redistributed proportionally between all the xRIGEL holders in the pool.

In addition to the LP token conversion, the network also hosts bi-weekly burning events. The amount of tokens burned is based on a variety of factors, including the number of listings. Lastly, the network will conduct yearly burns. The schedule for these burnings starts the second year with 50% of all listing fees burned. From there, the annual burns will decrease by 50%. 

Powerful Tokenomics Strategy

Uniquely, there are only 30.000 RIGEL scheduled for release, with the last coin issued sometime in December 2022. This low token supply means that the demand for RIGEL will see continued growth as the project matures. The value of the token has already risen since the private sale sold out. There are currently 7600 RIGEL in circulation. 

A Multi-Token Approach to Combat Inflation

Rigel Finance was built to ensure that future yield farmers and stakers would enjoy healthy ROIs. The network utilizes a multi-token approach to accomplish this task. The network’s primary governance token is RIGEL. 

RIGEL is what you hold to gain voting rights on vital upgrades to the network, such as adding a new farming pool. You also have a staking token called xRigel and a yield farming token called RigelSwap V2 RLP. Since all of these tokens are deflationary in nature, each is expected to increase in demand in the coming weeks.  

Progress of Development

Rigel’s network is already live. The network intends to list its token in the coming weeks on seven top exchanges. Each listing will add liquidity to the platform and increase the demand for this scarce token. RIGEL is already available on  Bithumb Global, Bilaxy, Rigel Swap, Uniswap, and 0x Protocol.

Notably, the network has a well-thought marketing and launch strategy dubbed the “Take Me To Rigel” campaign. This campaign includes multiple token listings, the full launch of the platform, early-bird investor bonuses, and the start of a wide-spread marketing push.   

Rigel Wallet

Another feature to look out for is the Rigel Wallet. This DeFi wallet is available as a free download on all Android devices. The wallet has high interoperability due to its WalletConnect integration. You can save any ERC-20 token with ease and check the balances and other vital data at a glance. Best of all, 50% of all the network’s fees go to the deflationary protocol. 

Stake and Earn 

You can also stake your tokens on Rigel Finance. Staking is a core feature on most DeFi platforms nowadays. Staking is considered a better alternative to trading by many investors because it requires far less work. When you trade cryptocurrencies, you must research, analyze, and actively monitor and manage your investments. 

When you stake your cryptocurrencies on Rigel, you simply lock your crypto into a smart contract. The more tokens you stake, and the longer you keep your holdings locked, the higher rewards you will earn. Best of all, these rewards are guaranteed, versus trading, where market movements are impossible to predict with 100% accuracy. 

Unlimited Growth Potential

Rigel Finance’s tokenomics make it stand out from other projects in DeFi currently. The developers behind this platform found a nice balance between features and usability to attract investor interest. It will be interesting to see the effects of such a low token issuance.

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Press Release

HODL 2025 opens in Dubai, advancing the Emirates’ position as a global financial innovation hub

Published

4 days ago

on

May 15, 2025

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HODL 2025, organised by Trescon, the world’s longest-running Web3 event, officially opened today at Madinat Jumeirah, Dubai, marking a pivotal moment in the evolution of blockchain and decentralized finance (DeFi).

The prestigious two-day event follows the Dubai FinTech Summit that commenced on 12th May. During the Summit’s opening ceremony, His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC), announced the launch of the inaugural Dubai Future Finance Week, scheduled for 2026. This flagship initiative will bring together major financial events—including Dubai FinTech Summit, Future Sustainability Forum, Private Capital Forum, Seamless Middle East, HODL Summit, and Dubai Future District Fund AGM—under a unified theme: “Pioneering tomorrow’s financial landscape: Innovation, sustainability, and global connectivity.”

“Being part of the upcoming Dubai Future Finance Week reflects our commitment to fostering innovation and collaboration in the Web3 space,” said Mohammed Saleem, Founder & Chairman, Trescon. “We are proud to contribute to Dubai’s vision of becoming a global financial powerhouse.”

Crypto Rulebook: Toward Global Standards

A day 1 highlight was the expert panel “Crypto rulebook: Global best practices and regulatory measures”, moderated by Saqr Ereiqat, Secretary General, Dubai Digital Asset Association. Speakers included:

  • Dyma Budorin, CEO, Hacken
  • Samir Safar-Aly, MENA FinTech Association
  • Erwin Voloder, European Blockchain Association
  • Belal Jassoma, DMCC

“We want to have the best ecosystem for entrepreneurs to run their business.” — Dyma Budorin
 “Regulations need to catch up and work together.” — Samir Safar-Aly


The discussion emphasized the need for global regulatory coherence and innovation-friendly compliance frameworks.

Insuring Web3: A $6 Trillion Opportunity

Another standout session, “Insuring the Future of Crypto: Bridging Risk & Innovation in the Digital Asset Economy”, spotlighted the crucial role of insurance in de-risking digital finance.

“Insurance has been a bedrock component of sustainability; it is a $6 trillion market.” — Joseph Ziolkowski

The panel explored how risk-aligned insurance solutions are key to unlocking institutional trust and long-term ecosystem resilience.

During his session, Cristian Ulloa, Co-Founder & CEO of Liquid Loans, Platinum sponsor of HODL 2025, shared valuable strategies for building wealth in crypto while steering clear of common pitfalls that lead to crypto regret.

Global Leaders on the HODL Stage

Day 1 also featured other prominent speakers sharing insights across DeFi, tokenisation, compliance, and blockchain banking including:

  • Corbin Fraser, CEO, Bitcoin.com
  • Nils Andersen-Röed, Global Head of FIU, Binance
  • Gracy Chen, CEO, Bitget
  • Rifad Mahasneh, CEO MENA, OKX
  • Robert Crossley, Global Head, Franklin Templeton
  • Joseph Ziolkowski, CEO, Relm Insurance

View the full speaker lineup and agenda:

Ecosystem Support: HODL 2025 @ponsors and exhibitors

Sponsors:

Platinum: Liquid Loans.io
After Party: Coinvoyage
Gold: Tata Consultancy Services (TCS), Gofaizen & Sherle
Silver: Facephi
Bronze: Skygate Network, FMCPay, Pays Solutions, PEP

Exhibitors: SWAG42, Thesaurum, Travel Swap, Any2Pay
 Startup Pods: Scintilla, Boston Trading Co, Ace Capital, vbanq

Top Media Partners Covering HODL 2025

HODL 2025 is proudly backed by leading media outlets amplifying its global reach:

  • Official Media Partner: CNN Business Arabic
  • Exclusive Media Partner: Khaleej Times
  • Ecosystem Partner: Entrepreneur Middle East
  • Business Media Partner: Arabian Business
  • Digital PR Partner: ZEX PR Wire

These partnerships ensure HODL 2025 headlines the conversation on Web3, innovation, and the decentralised future.

About HODL

HODL, born from the legacy of the iconic World Blockchain Summit (WBS) and organised by Trescon, is the world’s longest running blockchain event series with 29 global editions across cities like Dubai, Singapore, and Bangkok. Since 2017, HODL has served as a platform for blockchain deal-making, innovation, and connecting disruptive projects with investors, enterprises, and governments. Join HODL Dubai on May 14-15, 2025, to engage with industry leaders, explore cutting-edge blockchain developments, and secure your place at the forefront of Web3 innovation.

For more information visit https://hodlsummit.com/

Media Contact:
Shadi Dawy
Shadi@tresconglobal.com

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Press Release

Global Crypto Leaders to Converge in Dubai for Historic 30th Edition of HODL

Published

6 days ago

on

May 13, 2025

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  • 5,000+ global leaders, investors, and innovators to gather in Dubai for the world’s longest-running Web3 and crypto summit.
  • Agenda spotlights tokenisation, decentralised finance, modular blockchain, and AI-powered infrastructure.
  • UAE Regional Round of the Startup World Cup, in partnership with Pegasus Tech Ventures, to offer blockchain start-ups a shot at $1M in investment at global finals.

The landmark 30th edition of the HODL (Formerly World Blockchain Summit), the world’s longest-running Crypto & Web3 Summit series is set to return to Dubai on 14-15 May 2025 at Madinat Jumeirah. HODL will bring together over 5,000 attendees, including policymakers, regulators, institutional investors, technological innovators, and entrepreneurs to drive critical conversations and partnerships shaping the future of decentralised finance, asset tokenisation, and AI-powered infrastructure.

Organised by Trescon and building on the legacy of the World Blockchain Summit, HODL has hosted 29 editions across key global hubs, including Dubai, Singapore, and Bangkok. This milestone event in Dubai cements its position as a leading global platform for blockchain innovation and strategic collaboration.

“HODL has become the definitive platform for blockchain innovation in the Middle East and beyond. This 30th edition marks a turning point as institutional adoption meets breakthrough tech. We’re proud to drive the conversations shaping the future of decentralisation,” said Mohammed Saleem, Founder & Chairman of Trescon.

HODL will spotlight cutting-edge developments driving the crypto and Web3 ecosystem — including real-world asset tokenization, advancements in modular blockchain infrastructure, the next wave of DeFi innovation, evolving regulatory frameworks, and enhanced security protocols for digital assets. These trends are accelerating global momentum toward institutional and enterprise blockchain adoption.

Featuring a powerhouse line-up of speakers including:

  • Corbin Fraser, Chief Executive Officer, Bitcoin.com
  • Nils Andersen-Röed, Global Head of FIU, Binance
  • Gracy Chen, Chief Executive Officer, Bitget
  • Rifad Mahasneh, Chief Executive Officer MENA, OKX
  • Robert Crossley, Global Head of Industry and Digital Advisory Services, Franklin Templeton
  • Joseph Ziolkowski, Chief Executive officer, Relm Insurance
  • Viktor Fischer, Managing Partner, RockawayX
  • Vivien Lin, Chief Product Officer, BingX
  • Luther Maday, Global Head of Payments, Algorand Foundation
  • Dyma Budorin, Co-Founder and Chief Executive Officer, Hacken Click here to see full list of speakers.

“HODL 2025 is where the future of Web3 and crypto innovation takes shape. I am thrilled to collaborate with pioneers shaping this exciting digital revolution,” stated Corbin Fraser, CEO of Bitcoin.com.

Talking about the opportunity, Nils Andersen-Röed, Global Head of FIU at Binance remarked,

“Excited to share insights on blockchain and connect with leaders driving GameFi, NFTs, and Web3 advancements at HODL 2025.“

In a significant development for the region’s innovation landscape, HODL has partnered with Pegasus Tech Ventures to host the UAE Regional Round of the Startup World Cup,

offering emerging blockchain ventures a chance to pitch for a place at the global finals and compete for a $1 million investment. Pegasus has invested in over 260 companies, with 71 exits and 22 IPOs, providing a formidable launchpad for start- up growth.

HODL 2025 provides its attendees unprecedented access to more than 500 institutional investors, creating opportunities for strategic collaborations with

industry leaders, regulatory authorities, enterprise organisations, and government officials. This environment is optimally structured for capital formation, strategic insight development, and institutional partnerships.

Reflecting the growing influence of blockchain in global finance, HODL is backed by leading sponsors and ecosystem partners including:

  • Platinum Sponsor – Liquid Loans
  • After Party Sponsor- Coinvoyage
  • Gold Sponsors – Tata Consultancy Services | Gofaizen & Sherle
  • Silver Sponsor – Facephi
  • Bronze Sponsors – Skygate Network | FMCPAY | Pays.Solutions | P2P

With the strategic support of over 60 global media and listing partners, participating organisations will achieve significant visibility across international platforms. CNN Business Arabic serves as the Official Media Partner, with Khaleej Times as Exclusive Media Partner, and ZEX PR WIRE as the Official Digital PR Distribution Partner.

For more information, visit: https://hodlsummit.com/dubai2025/ For further enquiries, contact:

Shadi Dawi

Sr. Director – PR, Comms., & Media

M: +971 55 498 4989 | E: shadi@tresconglobal.com

About HODL

HODL, born from the legacy of the iconic World Blockchain Summit (WBS) and organised by Trescon, is the world’s longest-running blockchain event series with 29 global editions across cities like Dubai, Singapore, and Bangkok. Since 2017, HODL has served as a platform for blockchain deal-making, innovation, and connecting disruptive projects with investors, enterprises, and governments.

Join HODL Dubai on May 14-15, 2025, to engage with industry leaders, explore cutting-edge blockchain developments, and secure your place at the forefront of Web3 innovation.

Visit https://hodlsummit.com/dubai2025/ for more details and ticket information.

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Press Release

Camp Network, the Autonomous IP Layer 1 Blockchain, Launches its K2 Public Testnet

Published

2 weeks ago

on

May 9, 2025

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Following a Successful $30M Fundraise, Camp Launches K2 Public Testnet and Summit Series Campaign

Camp Network today announced the launch of its K2 public testnet for its Autonomous IP Layer 1 blockchain, alongside the Summit Series ecosystem campaign where users can traverse through live applications on Camp.

Summit Series offers users the unique chance to explore and engage with Camp’s growing ecosystem by completing onchain quests through a customized campsite frontend experience. The first set of decentralized apps are live for its Phase 1 launch, with dozens more rolling out in the coming months leading up to Camp’s anticipated mainnet release later this year. Camp’s ecosystem partners collectively reach over 5 million users and creative works, offering contributors a pathway to shape the future of onchain IP.

“We invite the community to join us as we hike toward the mainnet summit,” said James Chi, Co-Founder of Camp Network. “This is a chance to help shape the future of AI-native creativity and onchain IP provenance via live applications on Camp.”

The public testnet follows Camp’s recent $30M in total fundraising, including a Series A round co-led by 1kx and Blockchain Capital. Powered by its Proof of Provenance protocol, Camp enables users to register and tokenize their intellectual property onchain, train and deploy AI agents, and earn transparent, enforceable royalties from downstream usage. Camp’s architecture supports gasless IP registration, automated licensing and isolated execution environments optimized for agent-based workflows. It’s built to serve a new class of developers, creators and AI-native applications.

“The Summit Series kicks off a pivotal first step for our ecosystem partners. Each team has invested an incredible amount of work, and I’m excited for them to showcase what they’ve built to our community and beyond,” said Drew Rasansky, Head of Ecosystem at Camp Network. 

Camp Network is more than a blockchain — it’s a foundation for a more equitable internet, where creative work is protected, attributed and monetized transparently. Across any form of IP including art, music, film, data and videos, Camp enables collaboration between human creativity and intelligent systems, all backed by verifiable provenance.

To learn more about Camp Network, visit campnetwork.xyz. To join the Summit Series, visit testnet.campnetwork.xyz 

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