The journey with ReDeFi is just starting, and we’re thrilled to announce that the Main Sale for $RED tokens is scheduled for next week. If you’ve been following along since the presale, you know how significant this is for the entire ecosystem — and if you missed out, now’s your chance to join the movement.
🔗https://gempad.app/presale/0x712ae18B146BBdda397c68F6928f1cDfD4AbFAAF?network=Ethereum
✏️Key Dates to Note:
- Sale Period: October 21st — October 31st, 2024
- Platform: GemPad
- Discount: 20%
Currency to Contribute: $BAX
This is an opportunity for early supporters to dive deeper into the ReDeFi revolution, bridging the gap between traditional finance and decentralised finance in a regulated and innovative way. The Layer-2 sidechain, powered by $RED, is purpose-built to handle privacy-focused cross-border transactions, FX, and remittances while ensuring low-cost, efficient operations.
🤔How to Participate:
For those ready to take part, you’ll need to hold BAX tokens, which can be purchased from any of the following platforms:
- KuCoin
- MEXC
- BABB App (iOS and Android)
The official smart contracts are listed below to ensure your security:
- BAX Smart Contract: 0xf920e4f3fbef5b3ad0a25017514b769bdc4ac135
- RED Smart Contract: 0x458679f285A429C359355FF29050d4C35992A0dC
🔗 📲Download the BABB App:
BONUS: Free Transfers from BABB app! 😍
To make things a bit better for all BAX holders in the BABB app, all exchange fees within the BABB app will be waived during the sale period. From October 21st to the 31st, you’ll be able to move your BAX to your self-custody wallet completely fee-free. This allows you to participate in the RED sale with zero friction.
But please, be cautious of scams. Always use the official smart contracts and double-check information before making any transactions. The official GemPad link will be shared soon, so stay tuned!
Why ReDeFi & Onchain Money is the True Future of Finance? 🌍
For those new to ReDeFi, the project is a Financial Market Infrastructure (FMI) platform, aiming to bring TradFi and DeFi together within a regulated framework. Onchain Money, one of ReDeFi’s unique innovations, mirrors fiat currencies on-chain, enabling seamless integration with existing banking systems.
The Substrate Layer-1 blockchain, powered by the $BAX token, has a more decentralised approach where every network participant thrives, while the Layer-2 sidechain, powered by $RED, is the network that will connect to banks and financial institutions to B2B cross-border transactions and privacy-focused use cases like foreign exchange and remittances. This infrastructure is set to modernise the financial system, providing a transparent yet private solution for banks, businesses, and financial institutions.
What Sets ReDeFi Apart? 🧐
The Onchain Money model transforms traditional financial transactions by tokenising fiat currencies. For instance, the launch of Onchain GBP is set for Q3 2024, with Clearbank being the first regulated UK bank to test and integrate it into its infrastructure. This is just the beginning, with future plans to introduce Onchain EUR and Onchain USD, creating new markets and growth opportunities.
What’s Coming Next? 🚀
ReDeFi’s roadmap extends well beyond the current sale. Future developments include:
- A bridge between ReDeFi Layer-1/Layer-2 and Ethereum
- The launch of a decentralised exchange (DEX) specifically for FX swaps
- The RDNFS, a decentralised naming system
- A push towards on-chain governance, allowing $BAX and $RED holders to shape the future of ReDeFi
The ReDeFi ecosystem is built to last, with a clear vision to support “banks on-chain”, transforming financial markets globally.
A Strong, Visionary Team 🏆
At the helm of this innovation are:
- Rushd Averroes (CEO & Founder): A fintech leader with a commitment to democratising access to financial services.
- Bulat Kaliev (CPO): Product-driven visionary with expertise in AI and technical leadership.
- Igor Kozyrev (Head of Engineering): Blockchain lead developer with a track record of launching successful blockchain networks.
- Nik Pletikos (Head of Tokenomics): DeFi expert focused on sustainable token models.
Of course, the whole team consists of roughly 20 people and steering ReDeFi towards a future where decentralised finance works seamlessly with traditional banking systems — all within a compliant, secure environment.
As the main sale approaches, we invite you to become part of the future of finance by participating in the $RED token sale. This is your chance to benefit from ReDeFi’s vision and be among the pioneers who drive its success.
🔗https://gempad.app/presale/0x712ae18B146BBdda397c68F6928f1cDfD4AbFAAF?network=Ethereum
Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
