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代币简介
Rai Reflex Index (RAI) is a unique, non-pegged stable asset on the Ethereum blockchain. Unlike typical stablecoins that aim to maintain a peg to a fiat currency (like USD), RAI aims for stability based on a managed redemption price against Ethereum (ETH). It is overcollateralized by ETH and its stability is maintained algorithmically through interest rates that incentivize users to buy or sell RAI to move its market price towards its target redemption price. RAI is used as a stable store of value and medium of exchange within decentralized finance (DeFi) that is not tied to the value of a specific fiat currency, offering a truly decentralized stable asset.
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