RHEA
The Future of Cryptotrading!

We are happy to announce that the Rhea project and all of its assets will be acquired by an investment fund! The purpose of the acquisition is to create a better version of our current concept through more funding and experience. Rhea will be re-branded and promoted through a new campaign. This is great news for our team and all believers in our idea as it will become a better developed and maintained project. As soon as negotiations are finalized we will start the refund process to all our backers. A separate announcement will be made on Bitcointalk regarding our Bounty Campaign. A big thanks to everyone that participated and please send an email to support@rheatoken.io if you require any clarification. Thank you!

As of 07.10.2017, the Rhea founding team will be moving off the project as part of the agreement with the acquirer, who wishes to maintain anonymity before the new ICO is launched. As part of the agreement there will be no further association between the founding team and the Rhea token project. The re-branding process requires the removal of Rhea's social media, communications and forum threads. Next week contributors will need to fill out a form on the website in order to begin the refund process. It will be handled by the support and development team. A big thanks to all supporters and look forward to Rhea 2.0!

All contributors please fill out a refund form!

Refund Form
ABOUT

Rhea is a revolutionary crypto-equity hybrid token.
Through the Rhea Crypto20 - our capitalization weighted index, we will enable multiple ways of hedging, speculating and investing in the cryptocurrency market without holding any individual currency.
Use the Rhea token to buy and sell options on our platform or provide market liquidity for extra return.
Our token will provide a quarterly dividend to all token holders and market participants.

WHAT MAKES RHEA STAND OUT?
Pillar 1 Pillar 2 Pillar 3
HOW IT WORKS

Crypto20

The Rhea Crypto20 index is the best representation of the crypto world's performance. By combining the top 20, we create a less volatile product with smooth patterns. Less volatility means a safer investment!
Cryptocurrencies such as BTC and ETH have tremendous potential for growth, but are fully exposed to sharp price drops. Investing through the Crypto20 offers a more stable alternative. Options give the opportunity to profit from sharp market corrections.
By trading options on the Crypto20, you can speculate or hedge on the crypto market. Buying and selling options permits investors to monetize their broader view on the market, or vastly reduce their risk exposure. The options platform will offer European calls and puts with maturities from 1 week to 1 year and a wide range of strike prices.

Platform Explained

Based on Rhea's transaction fee structure, Bob will pay $2.84 to acquire a $300 put option. Following the drop in BTC, Bob's put option will limit his total loss by $63.16. His RHT/BTC portfolio has experienced a 2.6% loss, compared to the 9% lost in the BTC-only portfolio. The Rhea platform will enable hedging of downside risk - a game changer in the world of cryptocurrencies.
This was just one of many uses for the Rhea platform. Options on the Crypto20 represent an indirect holding in cryptocurrencies, which significantly reduces the effect of a single price drop. In addition, options give the flexibility to customize the size and duration of your exposure.

Platform Preview
ICO CAMPAIGN

Rhea’s ICO is divided into 5 stages each with a different discount factor. The maximum available supply will be 50 million tokens, 85% of which will be offered to investors. The remaining 15% will be used for liquidity provision and long term reserve. We strongly believe in fair dealing, which is why we will not retain any tokens for the founding team.
The ICO will be considered successful when 5.5 million RHT (12.5% of the maximum supply) are sold to investors. We consider this the minimum liquidity threshold to efficiently operate the trading platform.

Tier Completion Milestone Description
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I 12.50% The minimum amount required to launch the Rhea platform.
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II 25% Platform fully operational, but with limited option varieties and durations.
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III 50% Platform fully operational with a consistent range of option contracts.
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IV 70% Introducing option Greeks, much more frequent rebalancing of index.
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V 80% Enhanced portfolio functionality - more user friendly platform.
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VI 90% Complete backwards looking historical information on the Crypto20 constituents.
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VII 100% Cryptofund launched shortly after options platform.
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Quarterly Dividend

The platform launch is planned for 15.03.2018. Post launch, Rhea will pay out quarterly dividends to all token holders. They will be based on transaction costs revenue from options trading before expenses, such as operational and maintenance costs. Our base transaction fee is 0.95% with several forms of fee rebates related to high activity and liquidity provision. The dividend payout ratio will range from 20% to 40%, depending on the success of the ICO.

up to

40%

quarterly dividend yield!

DOCUMENTATION

Below you can find all relevant information about the Rhea project.
WhitePaper covers all aspects of the platform in depth.
Terms & Conditions is a must-read for all contributors prior to making the decision to send Ether.
Options 101 goes through option basics for those unfamiliar with the concept.