RLP Token
RLP is the liquidity provider token for Realperp. Liquidity providers earn fees from leverage trading, borrowing fees and swaps. RLP consists of an index of assets used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset.
Holders of the RLP token earn Escrowed RAP rewards and 70% of platform fees distributed in ETH. Note that the fees distributed are based on the number after deducting referral rewards and the network costs of keeper, keeper costs are usually around 1% of the total fees.
As RLP holders provide liquidity for leverage trading, they will make a profit when leverage traders make a loss and vice versa.
RLP Token Address: 0x7D079915b30dE18bc866B025cFa278Aba2e18197
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