$RO (short for "rasta onana") is a utility token deployed on the Base network, an Ethereum Layer 2 scaling solution, designed to empower a decentralized ecosystem focused on financial inclusion and community-driven growth. By leveraging Base’s low-cost and high-speed transactions, $RO aims to bridge the gap between traditional finance and DeFi, offering users a seamless platform for micro-financing, staking, and governance participation.
Key Features of $RO:
Micro-Financing Access: $RO holders can use the token to access micro-loans on the RiseOn platform, empowering small-scale entrepreneurs in underserved regions to grow their businesses with minimal fees, thanks to Base’s cost efficiency.
Staking and Rewards: Users can stake $RO to earn passive income, with annual percentage yields (APY) determined by the platform’s liquidity pools, all processed quickly on Base.
Governance: $RO holders have voting rights to influence the platform’s future, including decisions on interest rates, partnerships, and new features, with voting transactions benefiting from Base’s low gas fees.
Ultra-Low Fees and Speed: Built on Base, $RO transactions are fast (near-instant finality) and cost-effective (pennies per transaction), making it accessible for users globally.
Charity Integration: 5% of all transaction fees are donated to global financial literacy programs, aligning with the project’s mission of empowerment, with Base ensuring these contributions are processed efficiently.
Total Supply: 1 billion $RO.