FAQ

Quick answers to the questions people ask most about Reisa.

Getting started#

What do I need to start?#

A wallet, a little ETH on Robinhood Chain for gas, and the token you want to trade. Get started walks you through it.

Which wallets work?#

Any browser wallet, or any mobile wallet through WalletConnect.

Where do I see everything I hold?#

On Portfolio: your tokens, liquidity, farms, loans, RESD rewards and creator fees, in one place.

RESD#

What is RESD?#

Reisa's stablecoin, worth $1 and backed by tokenized stocks: the SPDR S&P 500 ETF, NVIDIA, Tesla, Apple, Amazon and Microsoft. See RESD.

How do I earn with RESD?#

Hold it. RESD in your wallet earns a share of protocol revenue, paid in WETH and RESD. There is nothing to stake or deposit, and no minimum.

How do I claim my RESD rewards?#

Open Rewards and click Claim. WETH arrives as ETH, RESD in your wallet. Your rewards keep adding up until you claim, so claim whenever you like.

Do liquidity providers earn RESD rewards?#

Yes. RESD in the Reisa DEX pools that hold it, such as REISA/RESD and WETH/RESD, earns for the pool's liquidity providers: claim on Rewards if you hold the LP tokens, or with the farm's rewards if you stake them. See RESD.

How does RESD stay at $1?#

You can swap USDG for RESD at 1:1, and redeem any RESD for $1 of tokenized stocks minus a small fee. Those two paths keep it anchored to the dollar.

What happens if my RESD loan is redeemed?#

Part of your debt is repaid with collateral of the same value. You keep the RESD you borrowed; your position just gets smaller. Positions with the lowest rates are redeemed first, so a higher rate keeps yours further back.

Trading and liquidity#

How much does a swap cost?#

1 % of the trade, taken on the quote side of the pair. Launched tokens can add a creator tax of up to 5 %. The app shows the total before you confirm.

How do I earn as a liquidity provider?#

You keep 70 % of the swap fees your liquidity earns: they add to the pool, so there is nothing to claim. Stake your LP tokens in the pool's farm to earn rewards on top.

Can I withdraw from a farm at any time?#

Yes. Unstake your LP tokens and claim your rewards whenever you like, with no fee.

Launchpad#

How do I launch a token?#

Open Launchpad, click Launch a token, choose a route, fill in the form and confirm one transaction. It costs a launch fee of 500 REISA, burned, plus gas. See Launchpad.

How do I earn as a creator?#

You earn 25 % of the curve fee, 25 % of the swap fees earned by your token's locked launch liquidity, and your creator tax if you set one. Claim them on Earnings.

Can I sell on the bonding curve?#

Yes, at any time until graduation. After graduation you trade on the Reisa DEX.

What happens when a token graduates?#

Its liquidity moves to a TOKEN/REISA pool on the Reisa DEX and the LP tokens are burned, so that liquidity stays in the pool forever. Buyers claim their tokens on the token's page.

Why do launched tokens trade against REISA?#

It connects every launch to one shared market. Each launch adds demand and liquidity for REISA, and most of the protocol's REISA fees are burned. See REISA.

Lending#

What is the difference between Lend & Borrow and RESD?#

Lend & Borrow lets you lend REISA or borrow it against launched tokens. RESD lets you borrow dollars against tokenized stocks, at a rate you choose.

Can my token get a lending market?#

Yes, once it graduated at least 7 days ago and holds at least $50,000 of liquidity. Open it from the Lend tab of the token's page. See Lend & Borrow.