The R0AR project is built around the vision of creating a decentralized crypto exchange that operates within a decentralized finance (DeFi) ecosystem.
The project will offer traders and investors everything from decentralized exchange (DEX) to non-fungible tokens (NFT) collection and yield farming possibilities. Its vision depends on the development team’s capacity to build a multi-chain platform, as it is becoming increasingly clear that the future of DeFi is multi-chain.
A multi-chain approach means that the platform will be compatible with and interoperable across various blockchain networks. This allows users to access a wider range of tokens and DeFi services, increasing liquidity and flexibility. It also promotes innovation and collaboration within the DeFi space by breaking down the barriers between different blockchain ecosystems.
The R0AR platform has launched Executive R0AR Society (ERS) NFTs, minted on OpenSea, and raised $4 million through the presale of R0AR tokens.
R0AR’s DeFi Objectives
The R0AR team’s DeFi objective includes a user-friendly and secure platform that adheres to the core principles of blockchain technology which focuses on decentralization.
The R0AR team incorporates hard-coding self-custody into the platform’s design by sticking to decentralized principles in its DeFi features, including the DEX. This ensures that users maintain control over their assets and private keys, reducing reliance on centralized intermediaries and minimizing the risk of hacks or security breaches.
R0AR expects the current bull run to continue into 2025. More than ever, DeFi solutions will be needed if the industry is to make the leap into the mainstream.
R0AR aims to be the DeFi platform that drives this mainstream adoption by creating a user-friendly platform with on-and-off ramps and a clear UX and UI design. This will make it easier for newcomers to navigate the DeFi market and access the benefits of decentralized finance.
R0AR Token Presale
The R0AR token presale is in its sixth stage and has so far raised over $4 million. According to the R0AR team, this amount is a community-based raise. The R0AR token is designed to be a multi-utility token within the R0AR ecosystem. It will be used for governance, access to premium features, fee discounts, and other utilities. The token has a total supply of 10 billion, ensuring scarcity and preventing over-inflation. The distribution of tokens is transparent, with a clear allocation for the presale, ecosystem development, and other key areas.
A burn mechanism will also be implemented eventually, further reducing the supply and preventing the over-inflation that has impacted many ETH-based tokens. This deflationary mechanism aims to maintain the token’s value and incentivize long-term holding.
Future of R0AR
The R0AR project has moved into a new phase as 2025 begins. Many of the development objectives have been hit, and more aspects of the ecosystem will be going live in the coming months.
The ERS NFTs has seen over 3,300 tokens minted on OpenSea as NFT collectors have moved to take advantage of crypto airdrops coming in the future and DeFi features through these utility-focused digital assets.
The upcoming milestones include the launch of the DEX and the introduction of the R0AR token’s dedicated wallet which is in the pipeline.
