DeFi Projects KingSwap and RioDeFi Partner to Boost Rewards

KingSwap adds RioDeFi’s RFUEL token and farming pool to its platform, while adding new rewards for DEX participants

DeFi projects KingSwap (www.kingswap.io) and RioDeFi today announced a partnership to boost rewards for users, aimed at increasing participation in staking and farming pools. Through this partnership , KingSwap will list RioDeFi’s RFUEL tokens on its decentralized exchange (DEX). RioDeFi will also provide a farming pool on KingSwap for all users who want to generate yield from RFUEL.

KingSwap will reward both traders and liquidity providers for using the DEX. Any user who provides liquidity for the RFUEL-USDT pair on KingSwap’s DEX will be given RFUEL-USDT KLP (King Liquidity Provider) tokens. KingSwap users who trade in the RFUEL-USDT pool will be awarded with KST (KingSwap Slippage Tokens) for every trade executed. Both KLP tokens and KST tokens can be staked in the RFUEL farming pool.