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Documentation Index

Fetch the complete documentation index at: https://rifts.finance/llms.txt

Use this file to discover all available pages before exploring further.

The protocol allows users to wrap any SPL token into “rift tokens” (e.g., rSOL, rToken) that maintain backing ratios through automated rebalancing mechanisms.
  • Wrap any SPL token into rift tokens with 0.3% fees
  • Unwrap rift tokens back to underlying assets
  • Dynamic backing ratios that increase over time through burns
  • Real time arbitrage and oracle-triggered rebalancing for price stability
Tokenomics
  • Wrap fees: 0.3% of fees burn underlying tokens (configurable per rift), kept by Rifts Treasury.
  • Token fees: 1% fees charged on Rifts. This is to prevent competition on arbitrage & make an income off potential arbitrage bots which are not run by the Rifts team.
  • Treasury: 0.25% meteora fees, out of which 86.6% can be claimed by the deployer of the rift (user).
  • Arbitrage profits: 50% to the user, 50% to the Rifts Treasury. On the long-term, arbitrage will automatically run on every created Rift. Special partners can capture up to 80% of the profits.
Rifts Diagram