Rai Reflex Index (RAI) is an innovative stablecoin introduced as an unpegged alternative to conventional fiat-pegged cryptocurrencies. Developed by Reflexer Labs, RAI's concept stems from a notion of creating an asset that maintains stability without being directly tethered to traditional currency values. Unlike stablecoins pegged to the US dollar, RAI is governed by a system of internal mechanisms and algorithms that adaptively adjust its monetary policy to reduce volatility. This design allows RAI to serve as a more resilient store of value while enabling minimal price fluctuations. By operating independently of centralised financial paradigms, RAI inherits added resilience to economic upheavals, and the decentralised nature of its governance ensures transparency and security. This novel approach makes RAI a foundational component for decentralised finance (DeFi) systems seeking stability and autonomy.
Rai Reflex Index (RAI) is an innovative stablecoin introduced as an unpegged alternative to conventional fiat-pegged cryptocurrencies. Developed by Reflexer Labs, RAI's concept stems from a notion of creating an asset that maintains stability without being directly tethered to traditional currency values. Unlike stablecoins pegged to the US dollar, RAI is governed by a system of internal mechanisms and algorithms that adaptively adjust its monetary policy to reduce volatility. This design allows RAI to serve as a more resilient store of value while enabling minimal price fluctuations. By operating independently of centralised financial paradigms, RAI inherits added resilience to economic upheavals, and the decentralised nature of its governance ensures transparency and security. This novel approach makes RAI a foundational component for decentralised finance (DeFi) systems seeking stability and autonomy.
Search
