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Rari Capital is a DeFi protocol that allows users to borrow, lend and earn on crypto assets. The platform offers a range of products such as tiered stablecoin pools, customizable lending pools, and more. Rari Governance Token (RGT) is the platform's governance token that can be used to vote on governance proposals.
Rari Governance Token (RGT) is an important part of DeFi finance and can be used for:
Maintaining governance: Participate in voting to decide to integrate new protocols, edit pool parameters, edit risk parameters, etc.
Token Governance: If a pool accumulates other tokens, such as $COMP, $BAL, then this token can be used as a token for its governance.
Fee Discounts: This token can be used for fee discounts on the Rari protocol.