The interest in RETIK is likely to rise steadily as we approach the May 21 listing date. Retik Finance has packaged itself as a potential disruptor to the traditional finance sector by redesigning the current approach to DeFi. This has seen it being mentioned in the same breath as Ethereum, with its diverse products and service range potentially making it a better prospect than Ethereum. The project has been audited by Certik and is already listed on CoinMarketCap and CoinGecko.
RETIK’s prospects in the financial ecosystem
The project has proven its attractiveness to investors through a successful 10-stage presale that raised over $32 million. Some of the key selling points for Retik Finance are the promise of peer-to-peer lending platform powered by AI and privacy-focused DeFi Debit cards. Also, it is built on interoperability with other DeFi protocols and enables users to participate in liquidity provision in exchange for rewards. In addition, it promises secure crypto-based payment gateway with fast transaction times and low transaction costs.
Underpinning all this ecosystem is a non-custodial blockchain-based DeFi wallet which will ensure that users’ assets are kept safe. Furthermore, the Retik debit cards are designed with ATM compatibility, which ensures that users will not be locked out of the financial ecosystem. For merchants, the ability to accept crypto payments seamlessly is an attractive proposition and increases their market reach. Ultimately, RETIK is on a mission to democratize access to financial services, providing a bridge between the traditional and crypto financial ecosystems.
The listing of RETIK on May 21 is set to bring the coin on both centralised exchanges (CEX) and decentralised exchange (DEX). The token’s launch price is set at $0.15, with a maximum supply of 1,000,000,000 tokens. With no airdrop announced, we are likely to see RETIK price rise in the days that follow since many token holders are unlikely to rush to take profit. However, the momentum around the token’s price action is likely to be influenced by the overall crypto market trend in the post-halving era. With Bitcoin recently returning above $60k, the upside has a strong basis.