📊Tokenomics

Our Tokenomics

The protocol allows users to wrap any SPL token into "rift tokens" (e.g., rSOL, rETH) that maintain backing ratios through automated rebalancing mechanisms.

  • Wrap any SPL token into rift tokens with 0.7% fees

  • Unwrap rift tokens back to underlying assets

  • Dynamic backing ratios that increase over time through burns

  • Real time oracle and oracle-triggered rebalancing for price stability

Tokenomics

  • Burn Mechanism: 0-45% of fees burn underlying tokens (configurable per rift)

  • Partner Fees: 0-5% to designated partner wallets

  • RIFTS Token Distribution: 95% of remaining fees buy RIFTS tokens

    • 90% distributed to LP stakers

    • 10% burned (deflationary)

  • Treasury: 5% to protocol treasury

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