Why RAI Is Rated B+. $RAI is an experimental stablecoin with a floating price.
15 Nov 2023, 16:39
Why RAI Is Rated B+
$RAI is an experimental stablecoin with a floating price. Unlike most stablecoins, RAI is not pegged to any fiat currency or commodity.
In this post, we explore the mechanics behind $RAI that result in a B+ rating from Bluechip.
Free-floating peg
RAI was…