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Articlemedium.comJenny T.1y ago

xRF Token Now Available on Soroswap.Finance

The xRF token, utility cryptocurrency for the Reflector Oracle Network, is now available on Soroswap.Finance, the first DEX on the Soroban blockchain. It enables governance, rewards for node operators, and subscriptions for price feeds. This integration leverages Stellar's ecosystem for efficient DeFi trading.

DeFiOraclesToken Management
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Soroswap.Finance announces the listing of the xRF token, essential for the Reflector Oracle Network's DAO governance, node operator rewards, and price feed subscriptions. xRF holders can vote on network decisions, submit proposals with token deposits, and earn rewards for consensus participation. Subscriptions for DeFi price feeds require burning xRF tokens for maintenance. Built on Soroban, Soroswap.Finance facilitates trading pairs like USD/xRF and XLM/xRF within the Stellar ecosystem. Developed by PaltaLabs, it offers a secure, low-fee DEX resistant to censorship.

Mentioned projects
2 projects linked
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ReflectorInfrastructure & Services
SCFAudited
OracleMulti Signatures

Decentralized price feed oracle for Stellar DeFi smart contracts to support derivatives, lending, and asset management.

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SoroswapFinancial Protocols
SCFAudited
DEXDeFi

Open-source AMM protocol and AMM Aggregator with Ecosystem Interoperability for providing liquidity and trading Stellar Assets i…

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