RIG Riggers

What is Riggers?

RIGGERS [RIG & OIL] is a protocol that expands on the ERC404 fractionalized-liquidity standard by introducing ERC1155 composability, decayed staking pools and cross-chain messaging. Wrapping the complexity of 404 with gamified tokenomics, Riggers is introducing everyday web3 users to the mechanisms of ERC404, in an accessible way. This approach facilitates both a novel mechanism for liquidity management, as well as more engaged and diversified set of DeFi ecosystem participants.

Key Functionalities:

- Fractionalized Liquidity -
The protocol implements ERC404 to drive generic fractional token liquidity into composable and identifiably-unique whole-tokens.

- Decay Pools -
The protocol implements novel forms of staking where generically-fractionalized liquidity is gathered into capped-size pools and re-constructed into whole-token vaults in order to mine Optimized Integrated Liquidity.

- Optimized Integrated Liquidity -
Optimized Integrated Liquidity (OIL) leverages ERC1155 composability to gas-consciously flow liquidity within and across the omnichain space.

- Cross Chain Messaging -
The protocol implements LayerZero's permissionless interoperability, and leverages ERC1155 composability, to deliver omnichain liquidity for both fractionalized and wholly-constructed tokens.

- Gamified Narrative -
The protocol engages DeFi participants, and encourages them to learn about ERC404, by wrapping the technology in a real-world mental model: Oil Rigs.

Objective:

The primary objective of Riggers [Rig & Oil] is to expand on the ERC404 fractionalized-liquidity standard by introducing ERC1155 composability, decayed staking pools and cross-chain messaging.

Conclusion:

Wrapping the complexity of 404 with gamified tokenomics, Riggers is introducing everyday web3 users to the mechanisms of ERC404, in an accessible way. This approach facilitates both a novel mechanism for liquidity management, as well as more engaged and diversified set of DeFi ecosystem participants.