A decentralized, stable and non pegged currency made for the digital economy
RAI is a non pegged, ETH backed stable asset. It is useful as more "stable" collateral for other DeFi protocols (compared to ETH or BTC) or as a stable asset with an embedded interest rate.
Whether you want to take advantage of RAI’s repricing mechanism or build an insurance protocol on top of it, our docs are here to help.
Reflexer is a platform where anyone can use their crypto collateral to issue non-pegged stable assets, otherwise called stablecoins. Stablecoins, as opposed to fiat coins, are not pegged to anything, very similar to how the US Dollar is not pegged and it is still considered stable.