The Utility Tokens: CIFI and REFI

Description of CIFI and REFI Tokens

Circularity Finance introduces two distinct utility tokens, CIFI and REFI, each serving unique functions within its ecosystem.

• CIFI Token: This token acts as a key to access a wide range of business micro-services within the Circularity Finance platform. It's designed to serve as a versatile tool for various transactional and operational purposes within the ecosystem.

• REFI Token: The REFI token is tailored for a more specialized role. It is used primarily to deploy Smart Assets and to implement Liquidity Provider (LP) Premium Coverage on all Hedge Policies. This token connects the digital finance aspect of the platform with real-world sustainability initiatives, bridging the gap between DeFi and impactful environmental actions.

Functions and Benefits of Each Token

• CIFI Token Functions and Benefits:

  • Micro-Service Access: CIFI tokens grant users access to a suite of business-related services on the platform, enhancing the utility and interactivity of the ecosystem.

  • Incentive for Liquidity Providers: By participating in Stability Pool 1, liquidity providers are rewarded with CIFI tokens, promoting a steady flow of liquidity into the system.

  • Platform Engagement: Holding CIFI tokens can encourage active participation and engagement within the Circularity Finance ecosystem, fostering a sense of community and shared purpose.

• REFI Token Functions and Benefits:

  • Deployment of Smart Assets: REFI tokens are crucial for deploying Smart Assets, which are integral to the platform's sustainability initiatives. These assets are IoT devices that generate verifiable data for Positive Climate Events.

  • LP Hedge Policies: Utilizing REFI tokens for LP Hedge Policies adds an extra layer of risk management for liquidity providers, safeguarding their interests in a volatile market.

  • Sustainability Linkage: The use of REFI tokens directly contributes to environmental sustainability, as they enable the creation and validation of impactful sustainable actions, bridging DeFi with tangible ecological benefits.

The CIFI and REFI tokens are central to the functionality and purpose of Circularity Finance. While CIFI broadens platform engagement through its versatile use in accessing micro-services, REFI deepens the platform's impact by linking financial actions with environmental sustainability. Together, these tokens facilitate a unique ecosystem where financial innovation and ecological responsibility coexist and reinforce each other.