The only cryptocurrency truly pursuing this vision with the goal of being money right now is RAI.

FLX and LQTY are governance tokens issued by Reflexer (RAI) and Liquity (LUSD), which demonstrate high...stayed relatively stable since the news, the supply of MIM has increased by 7% while the supply of RAI...

📖 Delphi Reads Co-founder of Reflexer, the protocol that issues the decentralized RAI stablecoin,...Soleimani writes a tweet thread saying that it was a mistake to only accept ETH as collateral to mint RAI...Read the tweet thread here and reactions of the RAI community here.

How RAI Works A simplistic way to think about RAI is to see it as similar to Single Collateral DAI (SAI...If the price of ETH falls, the collateral value backing RAI falls, constricting RAI supply....With RAI, if the price of ETH rips higher, your RAI-denominated debt will trend higher in dollar terms...to buy RAI spot to pay down their debt.

⚡ Is RAI The Decentralized Stablecoin The Market Needs?...In short, RAI doesn’t perpetually target an explicit price....The positive redemption rate “revalues” RAI, which increases the redemption price every second....The incentive here is for borrowers to repay their loan before the RAI price rises too much.

TAI presents a multi-collateral fork of RAI to Reflexer Finance.

(08:29) Tornado Cash & Stablecoins (14:19) Is RAI struggling for adoption because of design flaws...

And like, I know RAI is one and it’s nothing. It’s incredibly hard to scale.

On the other hand, the collateral backing RAI and LUSD stablecoins is entirely ETH, while that for MIM...

Reflexer considers a new strategy for increasing liquidity in Curve RAI pools.

Recent governance actions taken by TRIBE holders include the deprecation of ETH, LUSD and RAI as acceptable...

We’d also like to make an honorable mention for RAI.

...that I actually really like from a design standpoint, but doesn’t get really talked about that much is Rai...Obviously, Maker pioneered that newer projects like Rai have taken a twist on it.  ...

Maker DAO talks about their ‘End Game,’ debates capital raises and considers adding RAI as collateral...

...stablecoins. 40:52 • MJ In terms of LUSD competitors, I think it’s also important to keep DAI and RAI...If you look at RAI as an example, even though RAI has a floating peg, it  has been incredibly stable...

FIP-99 Sell RAI: Tribe has voted to sell their RAI to replenish their DAI reserves to ensure sufficient...

, governance can only whitelist or blacklist savior contracts for the liquidation engine, while the RAI...

ETH pair; putting $90m of LUSD in the stability pool; moving 10m LUSD to Rari Fuse Pool 7; shifting RAI...

Reflexer’s Path to Adoption RAI, a pegless stablecoin, has proved to have an effective design, as evidenced...amplitude of price has reduced dramatically since it launched a little over six months ago, making RAI...Perhaps with regulators turning their attention to dollar-pegged stablecoins, the utility and vision of RAI...

Primarily these parameter changes are cap increases across the DAI, DPI and RAI bonding curves, which...