$RTS is the native utility token of Raticswap $RTS holders get access to multichain storage and DeFi network. There is a total supply of 1 billion RTS tokens and 5 million of those will be distributed via an airdrop.

I have just claimed 400 tokens in the airdrop and you can too while the allocated tokens are still available.

How to Claim the 400 RTS Tokens

1. Go here directly to the airdrop page.
2. Click on “Claim your RTS Tokens” as shown in my above screenshot (you will need to connect your wallet, and be on BSC)
3. Confirm the transaction in your wallet.
4. As an optional you can add the token to your wallet by clicking “add to wallet” so that you can see your balance in your wallet as shown in my image above as well.
5. You will then see the balance in your wallet.

Please note that when claiming your airdrop you will pay a gas fee for the transaction. This has nothing to do with RaticSwap, but is necessary to process the transaction on the blockchain. When I claimed mine, the gas fee was about 70c.

Once you have your free tokens don’t forget to clap for this article and leave a comment. You should already be subscribed 😉

Once the staking goes live you will be able to stake your RTS to earn more in kind. And then you will be able to swap/sell the tokens if you so desire.

Airdrops are great, but if you actually want to know more about the token and what the company is aiming for, keep reading…

What is RaticSwap

RaticSwap is a decentralized exchange that operates on the Binance Smart Chain (BSC). It offers users a range of features, including the ability to trade, farm, stake and earn tokens. The platform’s native token, RTS, is a deflationary utility token that fuels the RaticSwap ecosystem. Every transaction on the platform results in a percentage of the transaction fees being burned, which decreases the total supply of RTS and increases its value.

RaticSwap’s main focus is to provide users with the lowest fees among all Automated Market Makers (AMMs) on the Binance Smart Chain. To achieve this, the platform employs a unique fee structure that charges users a lower percentage of their transaction fees based on the size of their trade. This incentivizes users to make larger trades and results in lower fees overall.

In addition to trading, RaticSwap also offers users the ability to farm and stake tokens. By staking their LP tokens in one of RaticSwap’s farms, users can earn RTS tokens. They can also stake RTS tokens to earn even more tokens.

The RaticSwap team is committed to developing a decentralized autonomous organization (DAO) that is owned and controlled by its community members. The team plans to implement a governance system that allows RTS token holders to vote on proposals that impact the platform’s future development. In this way, the RaticSwap community will have a direct say in the evolution of the platform.

Overall, RaticSwap aims to provide users with a high-performance, low-cost, and community-driven decentralized exchange. By incentivizing users to trade larger volumes and providing opportunities to earn tokens through farming and staking, RaticSwap aims to become a leading platform for trading and earning on the Binance Smart Chain.

As always this is not financial advice, just findings based on my research. DeFi can always be risky, even in airdrops.

Additional Things to Note:

• You can join my Telegram group here or connect with me on Twitter here.
• Follow me on Medium if you want to read more about cryptocurrency, passive income, play to earn games and yield farming.
• I’m not a financial advisor. This is not a financial advice, whatever you read in my articles are strictly for educational purposes.

Disclaimer: This is not financial advice, the information in this article is for educational purposes only. Never invest what you can’t afford to lose. I disclaim any liability or loss incurred by any person who acts on the information, ideas, or strategies discussed in my articles. Do Your Own Research.