RIME Protocol has established strategic partnerships with Conflux to provide users with a seamless and robust lending platform. These partnerships are crucial to RIME's success, as they enable users to utilize CFX as collateral for obtaining interest-free RUSD loans.
Conflux is a high-performance, layer-1 blockchain protocol that aims to solve the issues of scalability and security in decentralized systems. By leveraging its unique Tree-Graph consensus mechanism, Conflux can process up to 6,000 transactions per second (TPS), significantly reducing transaction costs and increasing throughput.
RIME Protocol has chosen to integrate with Conflux due to its strong technical foundation and commitment to decentralization. Through this partnership, RIME Protocol can harness the power of Conflux's high-performance blockchain to provide users with a fast, secure, and low-cost lending platform.