reflect.finance (RFI)
Key data
updated $0reflect.finance (RFI) is a DeFi token that launched in late 2020 with a simple idea: reward people for holding rather than selling. Every time someone transfers RFI, a small fee is taken from the transaction and redistributed to all existing holders automatically. Think of it as a loyalty program built directly into the token's code.
Frequently asked questions
What is reflect.finance and how is it different from Bitcoin?
RFI is an ERC-20 token running on Ethereum, whereas Bitcoin is a standalone blockchain with its own network. The key difference is RFI's reflection mechanism: transaction fees are shared among holders instead of going to miners. Bitcoin, by contrast, uses proof-of-work mining and has no built-in holder rewards.
How does the reflection mechanism actually work?
RFI runs on Ethereum, so it relies on the network's proof-of-stake consensus rather than its own. Each RFI transfer takes a small fee, which is automatically distributed to all wallets holding the token, proportional to their share of the supply. This happens on-chain with no staking or claiming required — rewards simply appear in your balance.
How is the RFI supply and emission structured?
RFI launched with a fixed total supply — no new tokens are minted over time, so there's no inflation from emission. The circulating supply actually shrinks slightly with activity, since a portion of each transaction fee is burned. This deflationary design was one of the token's main selling points at launch.
How can I store and use RFI?
Since RFI is an ERC-20 token, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, or a hardware wallet like Ledger. You'll need a little ETH in the same wallet to cover gas fees when sending or swapping it. RFI can be traded on decentralized exchanges and, where listed, on centralized ones as well.