RENQ Finance is on a mission to develop the world’s first all-in-one multi-chain decentralised finance (Defi). The company has now launched its first pre-sale, selling more than $100,000 worth of its native token (RENQ) on the first day and still counting.
According to the information shared by the company on its website, RENQ Finance will focus on Defi security, accessibility and sustainability.
Investors King understands that the first pre-sale which was pegged at $0.02 seems like a good discount for early investors especially as the price will increase through eight pre-sale rounds.
A quick check at the company’s whitepaper shows a series of adventures or projects which include creating a single platform that will cater to the needs of all users.
Learning from the mistakes associated with the downfall of FTX and Terra, RENQ Finance noted that it will ensure transparency and avoid foul play.
Additionally, unlike centralized exchanges such as Binance and Coinbase, RENQ Finance promise to provide users with direct trading options through their wallet App, thereby giving them complete control over their financial resources.
It is important to note that through the eight pre-sale rounds, RENQ price will move from $0.02 to $0.055 an increase representing 175% before listing on exchanges.
Similarly, an analysis of the company’s tokenomics shows that RENQ has a maximum supply of 1 billion tokens while 500 million, representing 50% have been allocated to pre-sale. The company also allocated 15% of the supply for exchange listing and liquidity.
How to Buy RENQ Token
RENQ Token can be bought through the platform’s dedicated platforms. Intending crypto enthusiasts can a Defi wallet such as MetaMask or TrustWallet which are free and highly secured.
However, to purchase RENQ, investors will need to have Ethereum in their wallets. RENQ can also be purchased with Tether (USDT).
Once investors have Ethereum or Tether in their wallet, they can connect to the RENQ website and purchase RENQ Token.