Litepaper
"Risk is one resource crypto has in abundance—yet it remains largely unharvested. The Risk Protocol lets users turn that risk to their advantage, transforming it from a problem into an asset. The Risk Protocol converts crypto’s greatest challenge into a new frontier of opportunity."
1. Building the Missing Risk Layer of Crypto
The Risk Protocol (“TRP”) is building foundational decentralized crypto risk infrastructure and pioneering “RiskFi”—a novel vertical within DeFi that turns risk itself into a programmable, tradable, financial primitive.
Investing and trading in crypto entail various kinds of risks—volatility, liquidity, smart contract, regulatory, counterparty, etc. Our core purpose is to drive the evolution of decentralized finance by enabling traders to price, tokenize, hedge, and trade these various risk exposures. We achieve this by providing next-generation risk products that are designed not only to harness risk but also to exploit the unique alpha opportunities unlocked by these new primitives. These risk products are useful for both short-term traders and long-term investors, serving those who want to speculate on the risk and those who want to hedge it.
In TradFi, a robust risk ecosystem exists to manage and trade risk, including volatility and variance products, structured products, credit risk solutions, interest rate products, FX & commodities risk, tail risk products, etc. There is over $4 trillion in notional net risk exposures outstanding in TradFi, enabling investors to trade and hedge volatility and other risks. In contrast, the crypto equivalent is virtually non-existent today. TRP aims to unlock this untapped market (estimated at approximately $350 billion+) by proposing a crypto-native solution to harvest risk, without relying on fiat or off-chain assets. Rather than offloading risk to USD (via stablecoins), TRP embraces crypto’s risks and tokenizes it. The core idea is simple yet powerful: if risk is abundant in crypto, why not make it tradable? By turning risk into a tradable asset, TRP enables users to adjust their risk exposure according to their risk appetite, filling a critical infrastructure gap, much like when lending protocols added a credit layer in earlier DeFi waves.
The Volatility Dilemma
Cryptocurrency markets are famously volatile. While volatility can offer outsized gains, it also undermines the use of crypto as a stable store of value, collateral, or medium of exchange. Prices swing wildly, making it difficult for investors and everyday users to hold crypto confidently without fear of sharp drawdowns. Lacking a native risk-management layer, many investors flee to stablecoins (mostly backed by fiat) to escape volatility, ironically tethering themselves to fiat currencies. This reliance on USD-pegged assets runs counter to the ethos of decentralization and financial sovereignty of DeFi. Crypto, at least in its current form, essentially has a volatility risk problem—enormous inherent volatility, but no dedicated, on-chain tools to see, trade, or hedge that volatility itself. This then is the first crypto risk we address–volatility.
2. Risk Tokenization
With Risk Tokenization, our initial product, we provide a crypto-native way to hedge or speculate on crypto volatility. We take the sophisticated machinery of derivatives and wrap it into simple tokens that anyone can use. For those familiar with DeFi yield protocols, you can think of TRP as doing for risk what Pendle does for yield—splitting an asset in a way that isolates a specific financial element (here, volatility risk) and making it tradable.
To tokenize volatility, TRP uses a novel mechanism called SMART—short for “Split Mechanism for Asset Risk-Tokenisation.” This mechanism enables any crypto asset to be split into two tokens with distinct risk profiles. Think of it like a risk dial: turn it one way to dampen volatility, or the other way to amplify it. TRP packages this into user-friendly products. With a couple of clicks, an investor can reduce their exposure to wild price swings without selling their crypto, or conversely, obtain a leveraged position without risking liquidation. There are no complex options trades to manage, no margin calls, and no surprise liquidations—everything is fully collateralized and executed in an abstracted, non-custodial manner by smart contracts.
Risk Tokenization empowers users to benefit from volatility: to tame it when they need safety, or exploit it when they seek alpha. By transforming volatility into a tradable asset, TRP is opening the door to a new world of trading opportunities and risk management tools previously inaccessible to everyday crypto participants.
2. a) Splitting an Asset into RiskON & RiskOFF
SMART Tokens are the core primitive that enables risk tokenization. We launch initially with a specific type of SMART Token called RiskON/RiskOFF. When you deposit an asset as collateral with The Risk Protocol, that asset is split into two complementary tokens—for example, by depositing 1 BTC, you mint 1 RiskON BTC and 1 RiskOFF BTC. The aggregate value of these two SMART Tokens always represents the underlying asset’s value (in this example, the underlying 1 BTC). Still, each one is programmed with a different risk/return profile. They are two halves of the same whole, but with dramatically different behaviour. RiskOFF offers stability and downside protection, while RiskON provides leveraged exposure.
RiskOFF is the low-risk half. It has a claim on 50% of the underlying (the 1 BTC) and is designed to track the underlying asset’s price, but within a limited range. It does that by having a built-in floor on losses and a cap on gains. For example, RiskOFF BTC might be defined to never drop more than -10% (the “floor”) in a given period and to forgo any upside beyond +15% (the “cap”). It achieves this by holding a long down-and-out put option (which provides downside protection if the asset price crashes past the floor) and by simultaneously being short a call option (which gives up any upside beyond the cap). In essence, RiskOFF sacrifices extreme upside in exchange for a safety net on the downside. The result is a token that is significantly less volatile than the underlying.
RiskON is the high-risk half. It’s the mirror image of RiskOFF—effectively a leveraged exposure to the underlying asset. RiskON takes on the volatility that RiskOFF sheds. The simple contract between RiskON & RiskOFF is that by agreeing to bear the downside beyond RiskOFF’s floor, RiskON earns the right to all upside beyond RiskOFF’s cap. This makes RiskON a super-charged version of the underlying asset. If the asset’s price rallies strongly, RiskON will outperform the asset (since it gets an extra slice of upside). Conversely, if the price plunges, RiskON will underperform and absorb more losses, even approaching zero in extreme cases—that is the trade-off for its leveraged upside.
Within the cap and the floor, both RiskON & RiskOFF behave the same as the underlying asset (because each has a 50% claim on the underlying and all the options are out of the money).
At the inception of any epoch, both RiskON and RiskOFF start with equal value (each has a 50% share of the underlying asset plus options that are initially set up as a costless collar). They are designed such that, initially, a user is economically agnostic as to which token they hold—neither token has an advantage. From that point on, however, their values diverge as the price of the underlying asset changes.
How can two tokens cover each other’s risk like this? The magic lies in synthetic options and smart contract design. TRP doesn’t purchase options from an exchange or work with any OTC desk—no external liquidity is needed to price the options. Instead, the two tokens are counterparties to each other. It’s an internal risk swap: RiskOFF’s contract with RiskON guarantees RiskOFF a certain payoff (the put option’s protection) and, in exchange, obligates RiskOFF to give up some payoff to RiskON (the call option’s upside share). Because these derivatives are synthetic and perfectly offset within the pair, the system remains self-contained and delta-neutral. Depositing 1 BTC as collateral allows a user to mint 1 RiskON + 1 RiskOFF. A user can redeem the 1 BTC at any point by burning 1 RiskON and 1 RiskOFF. This 1:1 equivalency ensures that TRP itself takes no directional exposure and never risks its solvency.
Key features of SMART Tokens include:
Intuitive Risk Profiles: Each SMART Token offers a pre-packaged risk/return payoff (e.g., “capped upside, buffered downside”) that investors can choose based on their risk appetite. This spares users from needing to understand or manage complex options themselves—it’s fully abstracted away. Buying a RiskOFF token is as simple as purchasing any ERC-20 token, yet it implicitly means you hold a protected, lower-volatility exposure to the underlying. SMART Tokens effectively enable users to focus on outcomes, rather than mechanics.
Price Discovery & Liquidity: It has been our observation that while most DeFi projects tout lego-like composability, that is not practically the case. The reason is quite simple. True composability in DeFi requires price discovery and liquidity to make such tokens practically usable elsewhere in DeFi. Our design incorporates these two elements: a) we publish a second-by-second Net Token Value for all our SMART Tokens, and b) we have created a liquidity marketplace for them.
Fully Collateralized, No Liquidations: Every SMART Token pair is 100% backed by collateral (the initial deposit asset). There are no borrowed funds, so margin calls and liquidation events never occur. Even in extreme market moves, RiskOFF’s put is always made whole, while the RiskON token can go to near-zero, but never negative.
On-Demand Creation and Redemption: Users can mint or burn SMART Tokens at any time through TRP’s smart contracts. To create a pair, you deposit one unit of a supported asset and mint a SMART Token pair (for instance, deposit 0.25 ETH, and mint 0.25 RiskOFF ETH + 0.25 RiskON ETH). To redeem the underlying asset at any point, you burn one of each token in the SMART Token pair and receive the underlying asset. This creation/redemption mechanism ensures that the combined market value of each SMART Token pair stays tethered to the underlying. If RiskON + RiskOFF ever trade for significantly less or more than the underlying asset, arbitrageurs can step in, minting new pairs or burning them to capture the difference, thus pulling prices back in line.
Highly Configurable Risk Profiles: The SMART framework is flexible—by adjusting parameters such as the underlying asset, option strike levels, option types, or option maturity, TRP can create a wide range of risk/reward payoffs. One can imagine other SMART Token pairs, for instance, tokens that let you go long volatility (profiting from large swings regardless of direction) or short volatility (earning yield if prices stay calm), or tokens that protect specifically against tail-risk events. TRP’s design allows for endless risk payoffs by varying a few primary parameters. All such tokens share the same DNA—splitting an underlying asset using synthetic options—but can be tailored to different use cases. Over time, the TRP’s SMART Token ecosystem will expand to many more programmable risk profiles beyond the initial offerings.
Epochs and Rebalancing: Each SMART Token operates in periods called epochs (a week, a month, or a quarter, depending on the type of SMART Token). During an epoch, the payoff structure (for example, a -10% floor and +15% cap for RiskOFF) is fixed. At the end of the epoch, the system automatically rebalances: essentially, a new RiskON/RiskOFF pair is established for the next period, starting again from equal values. This allows the tokens to be perpetual—they don’t expire or settle in cash, but roll over continuously. Rebalancing ensures that RiskOFF’s protection and RiskON’s leverage are reset appropriately for each period.
By combining these elements, SMART Tokens introduce a powerful concept: volatility as a tradable asset. Investors with different risk appetites can now hold different “risk flavors” of an underlying asset. A conservative holder of ETH (or other underlying asset), such as a DAO Treasury, can convert their ETH into RiskOFF ETH to significantly reduce day-to-day volatility (while allowing upside participation up to the cap). RiskOFF is not a stablecoin, but most definitely a “stabler” coin—volatility can, in fact, be reduced to the levels of the broader equity markets. Meanwhile, an aggressive trader who is comfortable with higher volatility can either buy the RiskON ETH tokens that the conservative investor sheds or mint their own to get a leveraged play on ETH. What used to require complex option strategies or margin management is now as easy as swapping tokens, sophisticated under the hood, but simple on the surface.
2. b) Payoff Scenarios
To make the mechanics of SMART Tokens concrete, we illustrate three simple scenarios for a Bitcoin holder who splits 1 BTC into RiskOFF and RiskON at the start of an epoch.
At inception, let’s assume that BTC is trading at $100,000. RiskON & RiskOFF are minted, each holding a 50% claim on the underlying BTC, plus their offsetting options position. So, at the outset, both RiskOn & RiskOFF = $50,000. Note that the SMART Tokens are designed such that RiskON + RiskOFF = Underlying BTC.
Let’s further assume that:
On the downside, RiskOFF is protected beyond a 10% drawdown: it is designed (using synthetic options) not to lose more than 10% of its initial value in that epoch. Any losses beyond -10% shall be absorbed by RiskON.
On the upside, RiskOFF participates fully up to a +15% rally in BTC (we back into the 15% cap to make the options a costless collar). Beyond that level, RiskOFF is capped, and all additional upside accrues to RiskON.
In Scenario 1 (BTC +30%), BTC rallies to $130,000. Once BTC is up more than +15%, RiskOFF is capped at $57,500 (+15%), and all further upside flows to RiskON. RiskON finishes at $72,500 (+45%). The pair again totals $130,000; however, the upside is skewed heavily towards RiskON.
In Scenario 2 (BTC +12%), the move remains within the −10%/+15% band. Since the options are out of the money, both tokens essentially track BTC one-for-one: RiskOFF and RiskON each end at $56,000, a +12% return, and the combined position is equivalent to holding BTC at $112,000.
In Scenario 3 (BTC −30%), BTC falls from $100,000 to $70,000. RiskOFF's loss is limited to −10%, so it finishes at $45,000 instead of following BTC all the way down. RiskON absorbs the remaining loss ending at $25,000 ($70,000 − $45,000), a −50% return versus its initial $50,000.
The above scenarios illustrate the payoff (over a range of returns) at the end of an epoch with embedded options settling at intrinsic value. However, the same logic would apply intra-period in determining the value of RiskON/RiskOFF at any point in time, and our risk marketplace ensures that anyone looking to lock in a payoff before the end of the epoch can do so.
Taken together, these scenarios show the intuition behind these SMART Tokens. Within the strikes, in range-bound markets, the returns of both tokens in the pair track the underlying. In down markets, RiskOFF cushions losses beyond the floor, while RiskON bears the extra downside. In bull markets, RiskOFF’s returns are capped, and RiskON captures all additional upside, creating a levered version of the underlying (RiskON is 2X levered outside the option strikes).
2. c) The Risk Marketplace: Liquidity for SMART Tokens
Creating novel risk-based tokens is only half the equation—the other half is ensuring there’s a liquid market for them. The Risk Protocol addresses this through its integrated Risk Marketplace, a decentralized exchange specifically for trading SMART Tokens. As soon as a user mints RiskON and RiskOFF, they have the freedom to hold or trade either token. For instance, if an investor only wants the low-risk portion, they can sell their RiskON and keep just the RiskOFF. Conversely, if someone wants extra risk, they might swap into more RiskON tokens. The Risk Marketplace is where these swaps occur—it’s where risk-takers and the risk-averse meet to exchange exposure.
The Risk Marketplace is implemented using an AMM mechanism to facilitate continuous liquidity. We have built our marketplace with custom pool configurations optimized for the unique nature of SMART Tokens. Thanks to the creation/redemption mechanism, arbitrage keeps aggregate prices aligned: if RiskOFF + RiskON is overpriced relative to the underlying (or vice versa), arbitrageurs can create or burn pairs to profit until the imbalance corrects. This design is similar to how an ETF works in TradFi, where an arbitrage mechanism ties the fund price to its underlying NAV.
The marketplace also allows users to become LPs for SMART Token pools. LPs earn trading fees whenever users swap SMART Tokens and may earn additional incentives (TRP plans to reward early liquidity). One unique feature of our LP pools is that LP fees adjust dynamically based on the volatility of the underlying assets. As volatility increases, LP fees dynamically increase to offset potentially higher impermanent loss. As volatility subsides, LP fees revert to a base level.
The user experience of the Risk Marketplace is designed to be straightforward and intuitive. Users can navigate to a “Swap” section and trade, say, RiskOFF ETH for ETH or for RiskON ETH, just as they would trade any token pair on a DEX. Under the hood, they are tapping into liquidity pools customised for these tokens. The result is an intuitive, one-stop platform: users can mint SMART tokens, swap between risk profiles, and redeem back to the underlying asset all in a few clicks.
2. d) The Risk Engine
TRP has developed a sophisticated proprietary risk engine to aid in price discovery. We publish a real-time Net Token Value (“NTV”) for all SMART Tokens, each second. The NTV is akin to a continuously updating “indicative value” based on the price of the underlying asset and the valuation of the embedded options. TRP’s risk engine uses live second-by-second volatility forecasts to calculate what each RiskON or RiskOFF token should be worth at that second, given the state of the market. Traders and liquidity providers can use NTVs as guideposts, and arbitrage bots can use them to determine when a token is trading at a premium or discount. By facilitating transparent price discovery, TRP ensures the marketplace remains efficient and the tokens trade at or near their intrinsic value. We have also developed several open source arbitrage bots designed to anchor SMART Token market prices to intrinsic value.
The rebalancing at the beginning and end of each epoch is driven by pricing data generated by the risk engine and communicated to the underlying smart contracts via oracles.
2. e) Use Cases and Benefits of SMART Tokens
SMART Tokens and the Risk Marketplace combine to unlock a variety of use cases, catering to both risk-averse participants and risk-seeking traders. Here are a few examples of how TRP’s products can be used in practice:
Hedge Volatility without Leaving Crypto: Perhaps the most immediate use case is for investors who believe in crypto’s long-term potential but can’t stomach the short-term volatility. Instead of selling their holdings for stablecoins, they can convert their assets into RiskOFF tokens. For example, an ETH holder worried about market turbulence could swap into RiskOFF ETH. If ETH’s price drops significantly, the RiskOFF token will drop much less, preserving capital. If ETH rises, RiskOFF ETH will also rise up to its cap—still capturing moderate upside. If users see sustained upside momentum, they can seamlessly swap into RiskON. This strategy provides a crypto-native form of downside protection. Unlike a stablecoin, the holder remains invested in ETH (and can benefit if ETH recovers), but with a cushion against extreme moves. This can be especially valuable for long-term holders during bear markets or for miners, stakers, and treasuries who accumulate crypto but want to reduce drawdown risk. DeFi treasuries and DAOs that currently park funds in stablecoins (exiting crypto exposure to preserve runway) could instead hold RiskOFF. This way, a project treasury could hedge the downside risk while still benefiting from some upside when the token performs well. Unlike stablecoins, which eliminate upside entirely, RiskOFF provides a middle ground: risk reduction without full exit and continuing to capture modest upside.
“Stabler” Collateral for DeFi: RiskOFF tokens could become a better form of collateral for lending protocols, DEXs, and stablecoin issuers, as they often struggle with the fact that crypto collateral is highly volatile, which can trigger liquidations or require significant over-collateralization. RiskOFF, being significantly less volatile than the likes of BTC and ETH, is inherently a superior collateral asset. For instance, RiskOFF BTC has historically shown long-term volatility equivalent to that of traditional equity markets. Logically, a lending protocol would allow higher LTV ratios on RiskOFF BTC compared to BTC. If DeFi money markets, DEXs, or stablecoin issuers integrate RiskOFF tokens as accepted collateral, users could get more against their holdings with less risk of liquidation.
Leverage without Margin Calls or Liquidation: On the flip side, traders who want to amplify their exposure can use RiskON tokens as a safer form of leverage. Buying a RiskON-BTC token, for instance, gives you levered exposure to Bitcoin’s moves—you gain extra on the upside in exchange for taking on extra risk on the downside. Crucially, this leverage comes without any risk of liquidation. In a traditional margin trade or using leveraged tokens, a sudden dip might liquidate your position. With RiskON, even if the market swings against you, the token simply loses value, but you are never forced out—you can hold it and possibly recover if the market rebounds. This makes RiskON tokens an attractive tool for expressing bullish views or short-term trades where the user is comfortable with high volatility but doesn’t want the administrative headache or tail risk of margin loans.
“Risk Mode Flippening”: TRP’s tokens enable a new kind of active strategy: dynamically shifting between RiskON and RiskOFF, based on market conditions. In strong bull phases, you rotate into RiskON to concentrate upside; in stressed or sideways phases, you rotate into RiskOFF to cushion drawdowns and de-risk. Our historical backtests as of October 2025 illustrate the theoretical ceiling of this approach. For BTC, a “best possible” dynamic SMART Token path would have turned a simple ~69% gain over the last 1 year into ~213% (~3× spot), ~480% over 3 years into ~5,100% (~11× spot), and ~763% over 5 years into ~158,304% (~208× spot). For ETH, the same exercise turns ~76% into ~614% over 1 year (~8× spot), ~183% into ~4,839% over 3 years (~26× spot), and ~1,069% into ~1,063,416% over 5 years (~995× spot). Now, of course, one can time the market perfectly in reality, but these “best path” figures show how powerful risk mode switching between RiskON and RiskOFF can be compared with passive buy-and-hold. For active traders, SMART Tokens effectively open up a new source of alpha, using fully collateralized instruments rather than leveraged perps or margin loans.
Dynamically Shifting Between RiskON BTC & RiskOFF BTC
Dynamically Shifting Between RiskOn ETH & RiskOFF ETH
In summary, SMART Tokens provide DeFi a toolkit to trade risk at the native level, rather than resorting to off-chain derivatives or blunt instruments like selling to USD.
3. Beyond Volatility to a Full-Stack Risk Layer
The initial launch of The Risk Protocol focuses on RiskON/RiskOFF SMART tokens for blue-chip cryptocurrencies, such as BTC and ETH. However, our vision is broader—our objective is to build the missing risk layer of crypto, encompassing multiple products and services that collectively address a spectrum of risks in the crypto ecosystem. Here’s a look at what’s on the horizon:
Expansion of SMART Token Strategies: TRP has already developed several other SMART token designs with different risk-return payoffs. In the coming months, users can expect a pipeline of new SMART Tokens to roll out, each exploiting volatility in a unique way. For example, we plan to introduce tokens that let you go long or short volatility explicitly, yield-generating tokens, or tokens that give you a 10X Bull or -10X Bear exposure without any margin calls or liquidations. The programmability of SMART tokens means that we can craft bespoke risk products for various use cases—whether it’s hedging against minor fluctuations (range-bound tokens) or targeting tail events (catastrophe tokens). Over time, our SMART Token suite will expand beyond BTC and ETH to include select other top 20 coins and new kinds of SMART Tokens.
Risk Prediction Markets: Another major element of the roadmap is the introduction of risk prediction markets. These are markets where users can bet on the outcome of specific risk-related events, bringing the power of collective intelligence to risk pricing. Imagine being able to trade on questions like: “Will Ether’s 30-day volatility exceed X% by year-end?” or “Will Binance’s BTC/USDT 1% depth fall below $X by Date?” TRP’s prediction markets will tokenize these probabilities and extend TRP’s RiskFi product reach from continuous financial exposure (i.e., the SMART tokens) to discrete event-based bets. It effectively creates a market for forecasting risk in the crypto space. By bringing this on-chain, TRP will enable transparent odds on various risks and, in theory, produce informative signals (risk odds) that external observers can use as a barometer of sentiment. Combined with SMART Tokens, this will make TRP’s platform a comprehensive venue for trading both continuous risk and binary risk events.
Risk Intelligence: Alongside tradable products, we publish a suite of Risk Dashboards that decompose market behavior into actionable risk signals, giving traders a real-time view of how risk is building, shifting, and being priced. The dashboards cover a universe of leading cryptocurrencies and surface metrics such as historic and forecast volatility, upside versus downside risk, sector-level risk concentration, and other risk regime indicators. Each view is designed to answer a concrete question a risk-conscious trader might ask: Which assets are transitioning into a higher-volatility regime? Where is the downside risk becoming asymmetric? Which sectors are carrying the most systemic risk right now? These dashboards are live and can be accessed directly via the TRP interface or embedded as widgets in external venues. In practice, they serve two roles: as a standalone risk-intelligence layer for anyone in the market, and as the analytical foundation from which users form views that are then expressed through SMART Tokens, Prediction Markets, or other risk-related products.
This approach creates a new paradigm—“RiskFi”. RiskFi represents a new primitive within DeFi in which risk—volatility, liquidity stress, tail events, stablecoin depegs, funding-rate risk, and more—becomes an explicit, on-chain tradable asset. Instead of burying risk inside complex instruments, RiskFi isolates and tokenizes it, enabling transparent markets where users can directly speculate on, hedge, transfer, or acquire specific risk exposures. RiskFi fills a structural gap in the crypto financial stack. While trading and payments infrastructure have advanced rapidly (AMMs, perps, intent-based systems, etc.), robust and transparent risk markets have lagged. By making risk measurable, composable, and liquid, RiskFi unlocks new forms of speculation, portfolio construction, hedging, and risk-aware yield generation. It lays the foundation for a mature crypto financial system—one where risk is traded with the same granularity and transparency as any other digital asset.
TradFi’s ~$4 trillion+ risk market underscores how crucial risk products are in a developed financial system. Crypto is only now beginning to take the first steps to build an equivalent risk infrastructure. As mentioned earlier, TRP estimates that risk tokenisation, risk prediction markets, and related markets could unlock a $350+ billion sector. By being a first mover in RiskFi, TRP aims to set the standards for on-chain risk products.
Conclusion
TRP’s launch comes at a time when the crypto industry is gradually maturing. Each major wave—from ICOs to DeFi summer to NFTs—has highlighted that as markets grow, so does the need for robust risk management infrastructure. With institutions increasingly exploring crypto, products like SMART Tokens can be key enablers: we offer a way to participate in crypto’s growth while controlling exposure to its volatility, all within the on-chain ecosystem. For DeFi natives and degens, TRP’s products represent untapped “risk alpha” opportunities and money-lego primitives to compose with.
If we want to realize our collective vision of “institutions are coming” or of “mainstream adoption”, it is vital that we solve for risk. By starting with volatility—crypto’s most notorious feature—and providing a means to split and trade that volatility, TRP is laying the foundation for a more mature market where risk is not just an inevitable downside, but also a resource to be exploited. First-time crypto holders won’t be forced onto the same rollercoaster of volatility; they will be able to choose their own adventure, whether that’s a calmer ride or an amplified thrill, and those with the insight to predict risk can profit in entirely new ways.
As of this writing, we are gearing up for an incentivised testnet launch to bootstrap usage and reward early adopters. With the testnet launch and mainnet on the horizon, the era of RiskFi is beginning. TRP invites the community—traders, HODLers, investors, builders, and curious minds alike—to join as we launch these new primitives, refine them, and unlock the vast untapped value in RiskFi!
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