Difference between revisions of "Reflexer"

Reflexer (view source)

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Revision as of 16:30, 1 August 2022 (view source) Django (talk \| contribs) m (added GEB section) Tag: Visual edit: Switched ← Older edit		Latest revision as of 16:37, 1 August 2022 (view source) Django (talk \| contribs) m Tag: Visual edit
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	Reflexer is a platform where anyone can use their ETH collateral to mint RAI stablecoin. Unlike DAI and other stablecoins pegged to the U.S. dollar, RAI is only backed by ETH, meaning it is unpegged. People can use RAI as an hedge against volatility, get leverage on their ETH collateral, get yield through decentralized finance (DeFi) applications, or take advantage of it's floating target price (for example, through arbitrage).		Reflexer is a platform, where anyone can use their ETH collateral to mint RAI stablecoin. Unlike DAI and other stablecoins pegged to the U.S. dollar, RAI is only backed by ETH, meaning it is unpegged. People can use RAI as an hedge against volatility, get leverage on their ETH collateral, get yield through decentralized finance (DeFi) applications, or take advantage of it's floating target price (for example, through arbitrage).

	==History==		==History==