Reflexer Overview
- What is Reflexer?
Reflexer is platform where users can mint RAI, a non-pegged stablecoin, with their crypto collateral, offering liquidation protection, self-paying loans, and a defi environment. Unlike traditional stablecoins which are typically pegged to a fiat currency like the US dollar, RAI's value is not fixed and adjusts according to market dynamics
- Main Features
- Crypto collateralizationNon-Pegged StablecoinGovernance MinimizationBacked by ETHRisk Management Tools
- Blockchains
- Ethereum
Related Apps
A protocol that lets users borrow a stablecoin using ETH as security without paying ongoing interest.
A DeFi platform that creates stablecoins pegged to fiat currencies like the USD and EUR.
A DeFi ecosystem designed to enhance the utility, liquidity, and yield of stablecoins.
Frequently asked questions
RAI stablecoin is a decentralized and non-pegged stable asset that is backed by ETH. It is minted on the Reflexer platform, where users can use their crypto collateral to create RAI.
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