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.

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...However, despite price moving as intended by the protocol’s design, RAI’s usage remains limited.

The Upside of Un-pegged Currencies RAI by Reflexer has been gaining traction as concerns of centralized...RAI tries to fill the decentralized stablecoin gap through the use of only ETH as collateral. ...RAI is a non-pegged stablecoin backed by ETH with a managed float regime, which tries to stabilize its...

⚡ 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.

📖 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.

Polygon is capturing retail attention, a ray of hope for BTC bulls, and UNI's detached price movement...

RAY is up over 270% since August while SRM lags, but is still up 150% over the same time period....HOLYPERP, which is an index of SOL, FTT, SRM, and RAY has outperformed individual coins with the exception...of SOL and RAY.

...ecosystem-aligned: Base trade fee: 100bps (1%) • 50% → Community Pool (for creators + traders — more soon) • 25% → $RAY...bonding curve phase, LaunchLab distributes it more transparently: 50% to a community pool, 25% for $RAY...To jumpstart adoption, Raydium has launched an airdrop campaign with 150,000 RAY ($450K USD) being distributed...

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...

.” — Ray Dalio (03.15.21) I believe the reallocation away from sovereign debt, specifically U.S....popular but recently the asset class has come under fire, and for good reason (look no further than Ray...

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

@uniswap V3 just got even better: pic.twitter.com/rXZGxdaTew — Charm (@CharmFinance) May 24, 2021 Ray...

Market Update Price action for majors has been awful as of late, but there’s a ray of hope with flows...

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

🐣 Notable Tweets The State of Affairs at FTX THE FTX FIRST DAY DECLARATION New CEO John Ray is scathing...

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

Over the last two days, SOL (-17%), FTT (-11%), FIDA (-12%), SRM (-13%), and RAY (-17%) have underperformed...

Look Into This Weekend’s NFT Action Price action for majors has been awful as of late, but there’s a ray...

...stablecoins. 40:52 • MJ In terms of LUSD competitors, I think it’s also important to keep DAI and RAI...If you are looking for a decentralized stablecoin right now, the DAIs, the RAIs, the LUSDs, that type...If you look at RAI as an example, even though RAI has a floating peg, it  has been incredibly stable...

Maxine Waters is currently introducing John Ray. – Autism Capital (@AutismCapital) Dec 13, 2022 Binance...