RAI doesn't have a fixed $1 peg (those are dollarcoins not stablecoins) instead it actively updates its own peg — called the red
13 Dec 2023, 20:24
RAI doesn’t have a fixed $1 peg (those are dollarcoins not stablecoins) instead it actively updates its own peg — called the redemption price — to oppose deviations of the market price from the redemption price and keep itself stable.
What bends can not break.