Get to know Rodeo Coin: DeFi Platform for Web3 Member Engagement

Bittime - Rodeo Coin is a crypto asset developed on the Binance Smart Chain or BSC network. This token was only launched 3 years ago. So what is Rodeo Coin? Read the full article here!

What Is Rodeo Coin?

Rodeo Coin (Rodeo) is a crypto asset based on Binance Smart Chain (BSC) which was launched on July 20, 2022. In addition, RODEO is also available on the Solana network. 

This token is designed to support the decentralized finance (DeFi) ecosystem with various innovative features. The current total supply is as much as 1 billion tokens and the circulating supply is as much as 500 million tokens. 

Tokenomics Rodeo Coin

Rodeo Coin has total supply of 1 billion tokens, with 500 million tokens which has been circulating. Rodeo Coin transaction fees consist of 5.6% for purchases And 7.2% on sales. Further information regarding token distribution is still limited and not yet publicly available.

Read also: 
Bitcoin Price Prediction March 2 2025

Rodeo Coin Functions and Utilities

Rodeo Coin is a utility token from Rodeo Finance (RDO), a decentralized finance platform that aims to revolutionize the way users interact with financial markets. This token has several main functions, including:

• Staking: Users can stake RDO tokens to earn rewards in the form of additional tokens.
• Governance: Token holders have voting rights in decision making regarding the Rodeo Finance ecosystem.
• Payments in the ecosystem: RDO can be used for various transactions within the platform.

By holding RDO tokens, users can enjoy various exclusive benefits such as voting on governance proposals and earning rewards through the staking mechanism.

Who is the Founder of Rodeo Coin?

Currently, information regarding the founding team and developers of Rodeo Coin is still not available on official sources. However, the Rodeo Finance community continues to grow with support from various users and investors in the DeFi space.

Conclusion

Rodeo Coin offers exciting opportunities for users who want to participate in the DeFi ecosystem with decentralized staking, governance and payment features. With huge growth potential, Rodeo Coin could be an attractive investment option for crypto asset fans.

FAQ

1. What is Rodeo Coin?

Rodeo Coin is a cryptocurrency based on the Binance Smart Chain (BSC) used in the Rodeo Finance ecosystem.

2. What is the main function of Rodeo Coin?

This token is used for staking, governance, and payments in the Rodeo Finance ecosystem.

3. How to get Rodeo Coin?

Rodeo Coin can be obtained through certain crypto trading platforms. Make sure to always check official information before making a transaction.

How to Buy Crypto on Bittime

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Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference:

CoinDizzy, Rodeo Coin, Accessed March 2, 2025
Goonus, Rodeo Finance, Accessed March 2, 2025
CoinCharp, Tokenomics Rodeo, Accessed March 2, 2025