Introduction

Welcome to the RIME Protocol documentation. This is the official source of information about the RIME Protocol, a decentralized lending platform that enables users to obtain interest-free loans in RUSD by collateralizing CFX.

The RIME Protocol is built on the Conflux blockchain to expand its user base and utility.

In this documentation, you'll find an overview of the RIME Protocol, its key features and benefits, as well as in-depth explanations of the core components and processes that power the platform. Whether you're a developer, user, or simply interested in learning more about RIME, this documentation is your starting point.

Please use the navigation menu to explore the various sections, or refer to the Summary for a complete list of topics covered.

If you have questions or need assistance, please consult our Resources and Support section for help.

Dive into the world of RIME and unlock the potential of decentralized finance!

Overview of RIME

RIME is a decentralized lending protocol built on the Conflux blockchain that enables users to obtain interest-free loans using Conflux (CFX) as collateral. The platform issues RUSD, a stablecoin pegged to the US dollar, as loans to users who provide sufficient collateral.

RIME is designed to provide a secure, transparent, and user-friendly experience for borrowers, as well as offer additional opportunities for users to earn rewards by participating in the Stability Pool and staking RMT tokens.

Key aspects of the RIME protocol include:

  • Interest-free loans: Borrowers can access RUSD loans at 0% interest by collateralizing their CFX assets.
  • Flexible collateral options: RIME supports both Conflux (CFX) as collateral, giving users the freedom to choose the best option for their needs.
  • Decentralized and secure: Built on the Conflux blockchain, RIME is a decentralized protocol that prioritizes security and transparency.
  • Liquidation mechanism: RIME features a dynamic and efficient liquidation process to maintain the stability of the system.
  • Stability Pool: Users can participate in the Stability Pool to earn rewards from liquidations and contribute to the overall health of the RIME ecosystem.
  • RMT token: The RMT token plays a crucial role in the RIME ecosystem, allowing users to earn rewards through staking and participating in the Stability Pool.

RIME is committed to driving the growth of the Conflux ecosystem. With strong partnerships with Conflux, RIME is well-positioned to continue its development and expansion

Key Features and Benefits of RIME

Interest-Free Loans

Users can obtain RUSD loans at 0% interest by collateralizing CFX assets.

Flexible Collateral Options

RIME supports both Conflux (CFX) as collateral, allowing users to choose the best option for their needs.

Decentralized and Secure

Built on the Conflux blockchain, RIME is a decentralized protocol that prioritizes security and transparency.

Dynamic Liquidation Mechanism

The liquidation process in RIME is designed to be efficient and fair, helping to maintain the stability of the system.

Stability Pool

Users can participate in the Stability Pool to earn rewards from liquidations and contribute to the overall health of the RIME ecosystem.

RMT Token

The RMT token plays a key role in the RIME ecosystem, providing users with the opportunity to earn rewards through staking and participating in the Stability Pool.

Collaboration with Conflux

RIME has strong partnerships with Conflux, ensuring ongoing development and growth for the project.

Ease of Use

The RIME platform is designed to be user-friendly, with comprehensive documentation and support available to help users navigate the system.

These features make RIME an attractive choice for users looking to access interest-free loans and developers seeking to build on a cutting-edge decentralized lending platform. Explore the rest of this documentation to learn more about how RIME works and how you can get started.

Partnerships (Conflux)

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

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.

Getting Started with RIME

This guide will walk you through the process of using RIME to borrow RUSD using CFX as collateral. By following these steps, you'll be able to interact with the RIME Protocol and manage your Trove.

Prerequisites

Before getting started, make sure you have the following:

  • A Conflux-compatible wallet, such as ConfluxPortal, set up and funded with CFX.
  • A basic understanding of the RIME Protocol's features and components.

Step 1: Connect Your Wallet

  1. Navigate to the RIME Protocol's web app.
  2. Click on the "Connect Wallet" button in the top-right corner of the screen.
  3. Select your Conflux-compatible wallet from the list of supported wallets.
  4. Follow the prompts to connect your wallet and grant the necessary permissions.

Step 2: Deposit Collateral and Borrow RUSD

  1. Click on the "Open Trove" button in the RIME web app.
  2. Select the type of collateral you'd like to deposit: CFX.
  3. Enter the amount of collateral you wish to deposit.
  4. Enter the amount of RUSD you'd like to borrow.
  5. Review the collateral ratio and ensure it meets the minimum requirement.
  6. Click the "Confirm" button to open your Trove and deposit the collateral.

Step 3: Manage Your Trove

You can manage your Trove by performing the following actions:

  • Repay RUSD: Click on the "Repay RUSD" button and enter the amount you'd like to repay. Confirm the transaction in your wallet.
  • Withdraw Collateral: Click on the "Withdraw Collateral" button and enter the amount you'd like to withdraw. Ensure your collateral ratio remains above the minimum requirement. Confirm the transaction in your wallet.
  • Close Trove: To close your Trove, repay your RUSD debt and withdraw all of your collateral. Your Trove will be closed automatically once the debt is repaid and collateral is withdrawn.

Step 4: Monitor Your Trove's Health

Keep an eye on your Trove's collateral ratio to ensure it remains above the minimum requirement. If your collateral ratio falls below the threshold, your Trove may be subject to liquidation. It

How to Connect a Wallet

In order to interact with the RIME protocol, you will need to connect a supported wallet. This guide will walk you through the process of connecting a wallet to RIME.

Step 1: Visit the RIME web app

Navigate to the RIME web app using your preferred web browser. The web app is where you will be able to interact with the RIME protocol and manage your loans.

Step 2: Select a wallet

At the top right corner of the RIME web app, you will find the "Connect Wallet" button. Click on this button to open a list of supported wallets. Select the wallet you would like to connect from the list.

Step 3: Connect your wallet

Follow the instructions provided by your chosen wallet to complete the connection process. This may involve entering your wallet's passphrase, scanning a QR code, or confirming the connection on your wallet's app or device.

Step 4: Confirm the connection

Once your wallet is connected, you should see your wallet address displayed at the top right corner of the RIME web app. This indicates that your wallet is successfully connected and you are now able to interact with the RIME protocol.

Disconnecting your wallet

If you wish to disconnect your wallet from the RIME web app, simply click on your wallet address at the top right corner of the app, and select "Disconnect" from the dropdown menu.

Please remember to always keep your wallet's passphrase and private keys secure, and never share them with anyone. By connecting a wallet to the RIME protocol, you are responsible for the security of your assets and the actions performed within the RIME web app.

Supported Wallets

RIME protocol is designed to be compatible with a wide range of wallets. Below is a list of wallets that are currently supported. We will continue to add more wallets in the future to provide users with a seamless experience when interacting with RIME.

Browser Extensions

  • MetaMask: A popular browser extension available for Chrome, Firefox, and Brave that allows users to interact with decentralized applications (dApps) directly from their browser. Website
  • Fluent Wallet: A browser extension wallet designed specifically for the Conflux Network. It's available for Chrome, Firefox, and Brave. Website

Mobile Wallets

  • MetaMask: A mobile wallet available for both iOS and Android devices. MetaMask allows users to interact with decentralized applications (dApps) directly from their mobile device. Website
  • imToken: A mobile wallet available for both iOS and Android devices. imToken supports multiple blockchains, including Conflux Network. Website

Hardware Wallets

  • Ledger: A popular hardware wallet that supports Conflux Network. Ledger provides a secure way to manage your assets by keeping your private keys offline. Website
  • Trezor: Another popular hardware wallet that supports Conflux Network. Trezor offers similar security features as Ledger, keeping your private keys offline. Website

Please note that when using a hardware wallet, you may need to connect your wallet through a compatible browser extension, such as MetaMask or Fluent Wallet, to interact with the RIME protocol.

We encourage users to research and select the wallet that best suits their needs and preferences. The security of your assets is of utmost importance, and using a trusted and secure wallet is crucial when interacting with decentralized protocols like RIME.

Network Settings

To interact with RIME, you need to configure the correct network settings in your wallet. This guide will help you set up the Conflux Network within your wallet.

MetaMask

  1. Open MetaMask and click on the network dropdown at the top of the extension window.
  2. Click on "Custom RPC" Use the following network settings to add the Conflux Network:
Network Name: Conflux eSpace
New RPC URL: https://evm.confluxrpc.com
Chain ID: 1030
Currency Symbol (optional): CFX
Block Explorer URL (optional): https://evm.confluxscan.net
  1. Click "Save" to complete the configuration.

RIME Protocol

RIME Protocol is a decentralized lending platform that enables users to borrow RUSD, a stablecoin pegged to the US dollar, by providing collateral in the form of Conflux (CFX). RIME aims to empower users with financial freedom by offering a zero-interest borrowing solution while ensuring the stability and security of the system through overcollateralization and robust governance.

Key features of the RIME Protocol include:

  1. Decentralized Lending: RIME allows users to borrow RUSD without relying on centralized financial institutions, providing a trustless and censorship-resistant platform.
  2. Zero-Interest Borrowing: Users can borrow RUSD at a 0% interest rate, enabling them to access liquidity without the burden of high-interest loans.
  3. Multiple Collateral Types: The platform supports both CFX as collateral assets, offering users flexibility in their borrowing choices.
  4. Overcollateralization: To ensure the stability of the RUSD stablecoin, RIME requires loans to be overcollateralized, reducing the risk of undercollateralized loans and protecting the ecosystem.
  5. Liquidation Process: RIME implements a liquidation process to maintain the system's stability in case of collateral value fluctuations, incentivizing users to maintain a healthy collateral ratio.
  6. Stability Pool: Users can deposit RUSD into the Stability Pool to earn RMT rewards and contribute to the overall stability of the platform.
  7. RMT Token: RMT is a utility token that allows users to participate in the RIME ecosystem, earning rewards from liquidations and sharing platform revenue.

RIME Protocol is committed to providing a user-friendly, secure, and efficient lending platform, unlocking the potential of decentralized finance for users around the world.

Borrowing RUSD

RUSD is the stablecoin issued by the RIME Protocol. It's designed to maintain a stable value of 1 USD. Users can borrow RUSD by pledging CFX as collateral, providing them with the flexibility to leverage their assets without the need to sell them.

Steps to Borrow RUSD

  1. Connect your wallet: Visit the RIME Protocol platform at https://rime.finance and connect your supported wallet (e.g., MetaMask, imToken, Fluent Wallet).

  2. Choose collateral type: Select the type of collateral you'd like to pledge, either CFX. Ensure that you have sufficient funds in your wallet to cover the collateral and any associated transaction fees.

  3. Enter the amount of RUSD to borrow: Specify the amount of RUSD you'd like to borrow. Keep in mind that the total value of your collateral must be greater than the minimum collateral ratio required by the RIME Protocol (e.g., 150%).

  4. Review your position: Before confirming the transaction, review your collateral and RUSD loan details, including the collateralization ratio, liquidation price, and other relevant information.

  5. Confirm the transaction: If you're satisfied with the loan details, confirm the transaction in your wallet. Once the transaction is processed, the RUSD loan will be deposited into your wallet.

Please note that borrowing RUSD carries certain risks, such as potential liquidation if the value of your collateral falls below the minimum required ratio. Be sure to monitor your collateralization ratio and adjust it as necessary to avoid liquidation.

Additionally, always practice proper risk management and only borrow amounts you're comfortable with, considering the inherent volatility of cryptocurrencies.

Collateral Requirements (CFX)

To borrow RUSD through the RIME Protocol, users must provide collateral in the form of CFX. The collateral requirements are designed to ensure the stability and security of the RUSD stablecoin and protect the interests of both borrowers and the RIME ecosystem.

Minimum Collateral Ratio

The RIME Protocol requires borrowers to maintain a minimum collateral ratio for their loans. This ratio is calculated as the total value of the collateral divided by the amount of RUSD borrowed. The minimum collateral ratio ensures that loans are overcollateralized, providing a buffer against market volatility and reducing the risk of undercollateralized loans.

For example, if the minimum collateral ratio is 150%, and a user wants to borrow 100 RUSD, they must provide at least 150 USD worth of CFX as collateral.

Liquidation

If the collateral value falls below the minimum required ratio, the loan becomes at risk of liquidation. Liquidation is a process where the RIME Protocol automatically sells a portion of the borrower's collateral to repay the outstanding RUSD debt and restore the collateral ratio.

To avoid liquidation, borrowers should monitor their collateral ratios and add more collateral or repay a portion of their RUSD loans if necessary. It's essential to consider the volatility of the collateral assets and maintain a sufficient buffer above the minimum collateral ratio.

How to Manage Collateral

RIME Protocol provides an intuitive interface for users to manage their collateral. Users can easily add or remove collateral, repay RUSD loans, and check their current collateralization ratios. To learn more about managing collateral, please refer to the How to Manage Collateral guide.

In summary, maintaining an adequate collateral ratio is crucial for borrowers using the RIME Protocol. By carefully managing their collateral, users can minimize the risk of liquidation and maximize the benefits of borrowing RUSD.

Liquidation in the RIME Protocol

Liquidation is an important process in the RIME Protocol to ensure the system remains stable and well-collateralized. This guide will explain how liquidation works in the RIME Protocol and how you can protect your Trove from being liquidated.

What is Liquidation?

Liquidation occurs when a Trove's collateral ratio falls below the minimum requirement. In this case, any liquidator can trigger the liquidation process to recover the outstanding RUSD debt. The liquidated collateral is then distributed to the Stability Pool and RIME Token stakers as a reward for maintaining the system's stability.

How to Protect Your Trove from Liquidation

To protect your Trove from liquidation, it's essential to maintain a healthy collateral ratio at all times. Here are some steps you can take to prevent your Trove from being liquidated:

  1. Monitor your collateral ratio: Keep an eye on your Trove's collateral ratio and ensure it remains above the minimum requirement. You can use the RIME web app to track your Trove's health and receive notifications about potential risks.
  2. Add more collateral: If your collateral ratio is approaching the minimum requirement, consider depositing additional CFX to increase your collateral ratio and create a safety buffer.
  3. Repay RUSD debt: Another way to increase your collateral ratio is to repay some of your RUSD debt. This will decrease the amount of RUSD you owe and improve your Trove's health.
  4. Diversify your collateral: RIME Protocol allows you to use both CFX as collateral. By diversifying your collateral types, you can reduce the impact of market fluctuations on your Trove's health.

By following these steps, you can protect your Trove from liquidation and ensure a stable borrowing experience with the RIME Protocol. Remember to monitor your Trove's health and take action when necessary to maintain a healthy collateral ratio.

Stability Pool in the RIME Protocol

The Stability Pool plays a critical role in maintaining the overall health and stability of the RIME Protocol. In this guide, you'll learn about the Stability Pool's function, its importance in the RIME ecosystem, and how you can participate.

What is the Stability Pool?

The Stability Pool is a decentralized pool of RUSD that acts as a buffer against fluctuations in the value of the collateral backing the RUSD loans. When a Trove is liquidated, the Stability Pool absorbs the liquidated debt, and in return, participants in the Stability Pool receive a share of the liquidated collateral.

By contributing RUSD to the Stability Pool, participants help maintain the stability of the RIME Protocol while earning rewards in the form of liquidated collateral and RMT tokens.

Why is the Stability Pool important?

The Stability Pool is essential to the RIME Protocol for several reasons:

  1. Debt Absorption: The Stability Pool absorbs the debt from liquidated Troves, ensuring that the total RUSD supply remains well-collateralized.
  2. Risk Mitigation: By absorbing liquidated debt, the Stability Pool helps protect the RIME ecosystem from the effects of sudden market fluctuations.
  3. Incentivized Participation: Participants in the Stability Pool are rewarded with liquidated collateral and RMT tokens, encouraging users to contribute and maintain the system's stability.

How to Participate in the Stability Pool

To participate in the Stability Pool, follow these steps:

  1. Connect your wallet to the RIME web app.
  2. Navigate to the "Stability Pool" section.
  3. Deposit the desired amount of RUSD into the Stability Pool.
  4. Monitor your rewards and claim them when you wish.

Remember that the rewards you earn from the Stability Pool are proportional to your share of the total RUSD in the pool. As you contribute more RUSD, your share of the rewards will increase accordingly.

By participating in the Stability Pool, you not only help maintain the stability of the RIME Protocol but also have the opportunity to earn valuable rewards. Make sure to monitor your rewards and adjust your RUSD contribution as needed to maximize your returns.

RMT Token and its Utilities in the RIME Protocol

RMT (RIME Token) is the native utility token of the RIME Protocol. This guide will explain the key functions of the RMT token and how it benefits the RIME ecosystem.

What is the RMT Token?

RMT is an ERC-20 compatible token on the Conflux Network. It serves as the backbone of the RIME Protocol, providing utility functions. The total supply of RMT tokens is 100 million.

Token Distribution

The RMT token distribution is as follows:

  • 0% for the team (embracing the true spirit of decentralization)
  • 50% for community and ecosystem rewards
  • 20% for liquidity and staking rewards
  • 30% reserved for future development

RMT Token Utilities

The RMT token has several use cases within the RIME ecosystem:

  1. Staking Rewards: Users can stake their RMT tokens to earn rewards generated from liquidations within the RIME Protocol. These rewards are distributed proportionally to the staked RMT tokens.
  2. Liquidity Provision: RMT tokens can be used to provide liquidity to decentralized exchanges, earning trading fees and additional rewards.

By offering staking rewards and facilitating liquidity provision, the RMT token serves as an essential component of the RIME ecosystem, benefiting both the protocol

Guides and Tutorials

This section provides step-by-step guides and tutorials for users who want to learn how to interact with the RIME Protocol. Whether you're new to the protocol or a seasoned user, these guides will help you navigate the platform and make the most of its features.

Tutorials

Each tutorial provides detailed, step-by-step instructions with accompanying screenshots to help you understand the process. We recommend following the tutorials in order, as they build on one another and provide a comprehensive understanding of the RIME Protocol.

If you have any questions or need assistance, please refer to our Resources and Support section for help.

How to Borrow RUSD

Follow these steps to borrow RUSD using RIME:

1. Prepare

Ensure you have connected a supported wallet and configured the appropriate network settings.

2. Access the RIME Platform

Visit the RIME platform at https://rime.finance. Navigate to the borrowing interface.

3. Select Collateral

Choose between CFX as your collateral.

4. Set Collateral Ratio

Set an appropriate collateral ratio. Keep in mind the importance of maintaining a sufficient collateral ratio to avoid liquidation.

5. Enter Borrowing Amount

Input the amount of RUSD you wish to borrow. Be aware of the minimum borrowing limits and associated borrowing fees.

6. Confirm the Transaction

Review the transaction details and sign it in your wallet. Once the transaction is successful, your collateral will be locked in the smart contract, and RUSD will be sent to your wallet.

7. Manage Your Loan

Monitor your collateralization ratio and make sure to maintain it above the minimum required level to avoid liquidation. You can manage your loan by adding or withdrawing collateral, or by repaying RUSD.

Visit the RIME platform regularly at https://rime.finance to stay informed about your loan status and any updates in the protocol.

How to Manage Collateral

Follow these steps to manage your collateral on the RIME platform:

1. Access the RIME Platform

Visit the RIME platform at https://rime.finance. Navigate to the borrowing interface.

2. View Your Loan Details

Check your current loan details, including the borrowed RUSD amount, collateralization ratio, and collateral type (CFX).

3. Add Collateral

To increase your collateralization ratio, follow these steps:

  1. Input the amount of additional collateral you want to add.
  2. Review the updated collateralization ratio and confirm the transaction.
  3. Sign the transaction in your wallet. Once the transaction is successful, your new collateralization ratio will be displayed.

4. Withdraw Collateral

If your collateralization ratio is higher than the required minimum, you can withdraw some collateral by following these steps:

  1. Input the amount of collateral you want to withdraw.
  2. Review the updated collateralization ratio and ensure it remains above the minimum required level.
  3. Confirm the transaction and sign it in your wallet. Once the transaction is successful, the withdrawn collateral will be sent to your wallet.

5. Repay RUSD

You can repay RUSD to reduce your loan balance and improve your collateralization ratio. Follow these steps:

  1. Input the amount of RUSD you want to repay.
  2. Review the updated collateralization ratio and confirm the transaction.
  3. Sign the transaction in your wallet. Once the transaction is successful, your new loan balance and collateralization ratio will be displayed.

Remember to monitor your collateralization ratio regularly and ensure it remains above the minimum required level to avoid liquidation. By managing your collateral and repaying RUSD when needed, you can maintain a healthy collateralization ratio and minimize the risk of liquidation.

Visit the RIME platform at https://rime.finance to stay informed about your loan status and any updates in the protocol.

How to Participate in the Stability Pool

The Stability Pool plays a crucial role in maintaining the stability of the RIME protocol. By participating in the Stability Pool, you can earn RMT rewards and help keep the system stable. Follow these steps to participate:

1. Access the RIME Platform

Visit the RIME platform at https://rime.finance. Navigate to the Stability Pool interface.

2. Deposit RUSD

To participate in the Stability Pool, you need to deposit RUSD. Follow these steps:

  1. Input the amount of RUSD you want to deposit into the Stability Pool.
  2. Review the estimated RMT rewards and confirm the transaction.
  3. Sign the transaction in your wallet. Once the transaction is successful, your deposited RUSD amount and estimated RMT rewards will be displayed.

3. Monitor Your Position

Keep an eye on your deposited RUSD amount, RMT rewards, and the overall status of the Stability Pool. Your RMT rewards will be accrued over time as the Stability Pool operates.

4. Claim RMT Rewards

You can claim your RMT rewards at any time. Follow these steps:

  1. Click on the "Claim" button in the Stability Pool interface.
  2. Review the RMT rewards amount and confirm the transaction.
  3. Sign the transaction in your wallet. Once the transaction is successful, the claimed RMT rewards will be sent to your wallet.

5. Withdraw RUSD

If you wish to withdraw your RUSD from the Stability Pool, follow these steps:

  1. Input the amount of RUSD you want to withdraw.
  2. Review the withdrawal amount and any unclaimed RMT rewards.
  3. Confirm the transaction and sign it in your wallet. Once the transaction is successful, the withdrawn RUSD will be sent to your wallet, and any unclaimed RMT rewards will be automatically claimed.

Remember to monitor your position in the Stability Pool and claim your RMT rewards periodically. Participation in the Stability Pool not only helps maintain the RIME protocol's stability but also allows you to earn RMT rewards.

Visit the RIME platform at https://rime.finance to stay informed about the Stability Pool status, your rewards, and any updates in the protocol.

How to Stake RMT Tokens

Staking your RMT tokens can provide you with additional rewards and help support the RIME ecosystem. Follow these steps to stake your RMT tokens:

1. Access the RIME Platform

Visit the RIME platform at https://rime.finance. Navigate to the staking interface.

2. Approve RMT Tokens for Staking

Before staking, you need to approve the RMT tokens for staking. Follow these steps:

  1. Input the amount of RMT tokens you want to stake.
  2. Click on the "Approve" button.
  3. Sign the approval transaction in your wallet. Once the transaction is successful, you will be able to proceed with staking.

3. Stake RMT Tokens

Now that your RMT tokens are approved for staking, follow these steps to stake them:

  1. Input the amount of RMT tokens you want to stake.
  2. Review the estimated rewards and confirm the transaction.
  3. Sign the staking transaction in your wallet. Once the transaction is successful, your staked RMT amount and estimated rewards will be displayed.

4. Monitor Your Staking Position

Keep an eye on your staked RMT amount, earned rewards, and the overall status of the staking pool. Your rewards will be accrued over time as more users participate in staking and the RIME ecosystem grows.

5. Claim Staking Rewards

You can claim your staking rewards at any time. Follow these steps:

  1. Click on the "Claim" button in the staking interface.
  2. Review the rewards amount and confirm the transaction.
  3. Sign the transaction in your wallet. Once the transaction is successful, the claimed rewards will be sent to your wallet.

6. Unstake RMT Tokens

If you wish to unstake your RMT tokens, follow these steps:

  1. Input the amount of RMT tokens you want to unstake.
  2. Review the withdrawal amount and any unclaimed rewards.
  3. Confirm the transaction and sign it in your wallet. Once the transaction is successful, the unstaked RMT tokens will be sent to your wallet, and any unclaimed rewards will be automatically claimed.

By staking your RMT tokens, you not only support the RIME ecosystem but also earn additional rewards. Monitor your staking position regularly and claim your rewards as needed.

Visit the RIME platform at https://rime.finance to stay informed about your staking position, rewards, and any updates in the protocol.

Integrations and Tools

RIME protocol is designed to be easily integrated with various wallets, interfaces, and other blockchain tools. This section provides an overview of some popular integrations and tools that can enhance your experience with the RIME ecosystem.

Partner Wallets and Interfaces

RIME protocol is compatible with several popular wallets and interfaces, providing a seamless user experience. Some of the supported wallets include:

  1. Metamask
  2. imToken
  3. Fluent Wallet

These wallets enable you to interact with RIME's smart contracts and manage your RUSD loans, collateral, and RMT staking.

Developer Resources and APIs

RIME protocol offers various resources and APIs for developers who wish to build on top of the platform or integrate its functionalities into their projects. These resources include:

  1. Smart contract documentation
  2. API documentation
  3. Code samples and examples

These resources can help developers better understand the inner workings of the RIME protocol and create custom integrations, tools, and applications.

Community-Built Tools

The RIME ecosystem encourages community members to build and share tools that can enhance the user experience and help grow the platform. Some examples of community-built tools include:

  1. Dashboard and analytics tools
  2. Portfolio management tools
  3. Liquidation monitoring tools
  4. RMT staking and reward calculators

These tools, built and maintained by the community, can provide valuable insights and help users make more informed decisions about their RIME activities.

Explorers and Data Providers

To keep track of the RIME ecosystem's key metrics and transactions, various explorers and data providers can be used. Some popular options include:

  1. ConfluxScan: A block explorer for the Conflux network, which enables users to monitor transactions and smart contract interactions.
  2. CoinGecko and CoinMarketCap: Popular cryptocurrency data platforms that provide information about RMT's market data, such as price, trading volume, and market cap.

By leveraging these integrations and tools, users can gain a deeper understanding of the RIME ecosystem and make the most out of their participation in the platform.

For more information and updates about RIME's integrations and tools, visit the RIME platform at https://rime.finance.

Partner Wallets and Interfaces

RIME Protocol aims to provide a seamless and user-friendly experience for its users by partnering with various wallets and interfaces in the crypto ecosystem. These partnerships enable users to access RIME's services directly from their favorite wallet apps or other platforms, simplifying the process of borrowing RUSD, managing collateral, and participating in the Stability Pool or staking RMT tokens.

Supported Wallets

The following wallets are currently supported and integrated with RIME Protocol:

  • MetaMask: A popular browser extension wallet for Ethereum and compatible networks, available for Chrome, Firefox, and Brave browsers.
  • Fluent Wallet: A browser extension wallet designed specifically for the Conflux network, available for Chrome and Firefox browsers.

Users can easily connect these wallets to the RIME platform and access its features without leaving their wallet interfaces.

Partner Interfaces

In addition to wallet integrations, RIME Protocol collaborates with other platforms and services to provide a more comprehensive experience for its users. These partnerships may include:

  • Portfolio management tools: Platforms that enable users to track their RIME Protocol positions, including borrowed RUSD, collateral assets, and RMT staking rewards.
  • Decentralized exchanges (DEXs): Integrations with DEXs allow users to trade RUSD and RMT tokens directly within the RIME platform or through the partner DEX interface.
  • DeFi aggregators: Platforms that aggregate various DeFi services, including RIME Protocol, enabling users to compare borrowing rates, collateral requirements, and other features across different protocols.

By partnering with wallets and interfaces in the crypto ecosystem, RIME Protocol strives to offer a seamless, convenient, and accessible experience for its users, making it easier to leverage the power of decentralized lending and borrowing.

Frequently Asked Questions (FAQ)

This section addresses some of the most common questions and concerns related to the RIME protocol.

1. What is the RIME protocol?

RIME is a decentralized lending protocol that allows users to obtain interest-free loans in RUSD by depositing CFX as collateral. It is designed to provide users with financial flexibility and facilitate the growth of the Conflux ecosystem.

2. How does RIME differ from Liquity?

While RIME is inspired by Liquity, it has several key differences. RIME allows users to deposit both CFX as collateral to obtain RUSD loans.

3. What are the collateral requirements for RIME?

The minimum collateralization ratio for RIME loans is determined by the protocol's governance. Borrowers must maintain this ratio to avoid liquidation. Please refer to the RIME Protocol section of the documentation for more details on collateral requirements.

4. What is the role of the RMT token?

The RMT token serves as a means for users to share in the rewards generated within the RIME protocol. By staking RMT tokens, users can earn a portion of the rewards generated through liquidations.

5. How are RMT tokens distributed?

RMT tokens are distributed through various mechanisms, including the Stability Pool and staking rewards. Users can earn RMT tokens by participating in these activities and supporting the RIME ecosystem.

6. How do I manage my collateral in the RIME protocol?

Managing your collateral in RIME is essential to maintain a healthy collateralization ratio and avoid liquidation. You can add or withdraw collateral by accessing the RIME platform's borrowing interface. Make sure to monitor your collateralization ratio and keep it above the required minimum level. For a detailed guide, please refer to the "How to Manage Collateral" section of the documentation.

7. What wallets are supported by RIME?

RIME protocol supports several popular wallets, including Metamask, imToken, and Fluent Wallet. These wallets enable users to interact with RIME's smart contracts and manage their RUSD loans, collateral, and RMT staking.

8. How do I stake RMT tokens?

Staking RMT tokens is a simple process that involves connecting your wallet to the RIME platform, navigating to the staking interface, and depositing your RMT tokens. For a detailed guide, please refer to the "How to Stake RMT Tokens" section of the documentation.

9. How can I track the performance of the RIME ecosystem?

Various explorers and data providers, such as ConfluxScan, CoinGecko, and CoinMarketCap, enable users to monitor the RIME ecosystem's key metrics and transactions. Additionally, community-built tools, such as dashboard and analytics tools, can provide valuable insights into the RIME ecosystem.

For more information and updates about the RIME protocol, visit the RIME platform at https://rime.finance.