RAI is priced in USD, but it doesn't try and maintain any specific USD value, instead it tries to balance supply & demand for RA
04 Aug 2023, 14:28
RAI is priced in USD, but it doesn't try and maintain any specific USD value, instead it tries to balance supply & demand for RAI itself
when RAI < peg, the peg is repriced higher
when RAI > peg, the peg is repriced lower
RAI start=$3.14, now=$2.75