 | Raft (RAFT)Raft is an immutable, decentralized lending protocol that allows people to take out stablecoin loans against capital-efficient collateral. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Raft
Raft is a governance-minimized, decentralized protocol that allows people to generate the USD-pegged stablecoin R by depositing liquid staking tokens as collateral, providing a capital-efficient and low-cost way to borrow while keeping your staking rewards.
R aims to be the stablecoin of choice within the decentralized ecosystem, with deep liquidity across many trading pairs and a stable peg. Raft uses Balancer as its primary liquidity venue for the R stablecoin. With Balancer's Smart Order Router and Composable Stable Pools, Balancer offers a unique and capital-efficient solution that allows R to maintain its peg and optimize liquidity for its users.
Further, with Balancer's veBAL design, Raft is able to bootstrap deep liquidity for R pools in the most effective way.
LegalBlockchain Platform: EthereumRegistration year: 2023 | Token infoTicker: RAFTType: Utility-token Token standard: ERC-20 |
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