How to participate in IDO

On Red Kite:

You need to achieve one of Red Kite tiers (Dove, Hawk, Eagle, Phoenix) to be eligible to join the IDOs. Please follow on the Red Kite website “Staking” to proceed. After staking successfully, you can apply whitelist for joining the IDOs and then pass KYC.

Tiers and requirements:

Tier 1: Dove

• Owning: 500 $PKF
• Staking duration: 1 day
• Unstaking delay: 1 day
• Pool size: 15%
• Lottery-based; one ticket for each 500 $PKF

Social activity requirements:

• Twitter: Follow, Like, Comment, Retweet, Tags
• Telegram: Join groups and subscribe channels

Perks for unlucky members: APY of 10%, calculated on the first day of next month for ones who win no ticket in the previous month

Tier 2: Hawk

• Owning: 5k $PKF
• Staking duration: 3 days
• Unstaking delay: 3 days
• Pool size: 30%
• Lottery-based; one ticket for each 500 $PKF

Social activity requirements:

• Twitter: Follow & Like
• Telegram: Join groups and subscribe channels

Perks for unlucky members: APY of 5%, calculated on the first day of next month for ones who win no ticket in the previous month

Tier 3: Eagle

• Owning: 40k $PKF
• Staking duration: 7 days
• Unstaking delay: 7 days
• Pool size: 35%
• Get one guaranteed-to-win ticket
• Lottery for the remaining pool, get one ticket for each 2000 $PKF
• Social activity requirements: none

Perk for unlucky members:

• Can participate in private sales, subject to availability
• Occasional airdrop of NFT and tokens

Tier 4: Phoenix

• Owning: 80k $PKF
• Staking duration: 10 days
• Unstaking delay: 10 days
• Pool size: 20%
• Guaranteed allocation, weighted by a token amount
• Social activity requirements: none
• Can participate in private sales, subject to availability
• Occasional airdrop of NFT and tokens

About Rikkei Finance

Rikkei Finance is a Metaverse DeFi Protocol, enabling a Safe and Secure Open Lending with core features: cross-chain support, NFTs lending, and liquidation coverage.

Key features:

A well-structured metaverse DeFi protocol

Under Rikkei Finance Planet, there are 5 main zones: Sport & Recreation Center, Farming Zone, NFT Marketplace, RiWork and Governance, DAO & Lending. All will eventually support the development of Rikkei Finance’s core product – Lending.

Solving NFT illiquidity with NFT Marketplace

Rikkei Finance NFT Marketplace provides high liquidity and a wide range of NFTs for renting at an affordable price determined based on data gathered from the price feed.

A safe and secure lending protocol

Rikkei Finance Lending Protocol applies multiple methods to ensure system sustainability, eliminating the risk of price corrections and market manipulation, allowing RIFI system to sustainably respond to any market situations.

Community-centred

Rikkei Finance is a secure metaverse that will be user-centric, allowing RIFI holders to vote on system policy through the Rikkei Finance DAO, and most importantly to have access to the first-ever liquidation coverage, protecting them against smart contract hacks and asset liquidation.