FAQ section

What is Ronin Finance

Ronin Finance is a decentralized finance project aimed at creating a brand new collateralized stable-coin on the Binance Smart Chain network. Ronin will create a pegged synthetic BUSD token $RONIN. Utilize your stables, an earn APR at the same time. How is Price Kept at Peg for the $RONIN Stablecoin?

We use a TWAP (time weighted average price) to calculate the value of $RONIN and compare it to the average price of BUSD, USDC, and USDT -- this advanced triple peg allows for price comparison without being exposed to abnormal price movements of any 1 of the 3 underlying assets.

Is there an audit?

Coming Soon

Was there an IDO or presale?

Yes there will be a presale -- 300 BNB -- stay tuned to the telegram for more details

What is the utility of CYBER?

CYBER token is the primary protocol token --it generates fees for lockers/stakers and is the governance token of the platform.

Are there any fees?

1% for minting and redeeming of $RONIN tokens

10% fee for buys and sells on $CYBER -- 5% added to the LP and 5% added to the treasury.