What is Reflexer finance?

What is Reflexer? Reflexer is a platform where anyone can use their crypto collateral to mint stablecoins . Stablecoins, as opposed to fiat coins, are not pegged to anything, very similar to how the US Dollar is not pegged and it is still considered stable.

If you would like to know where to buy Rai Reflex Index, the top cryptocurrency exchanges for trading in Rai Reflex Index stock are currently Gate.io , Coinbase Exchange, Uniswap (V3), Uniswap (V2), and Curve Finance. You can find others listed on our. RAI is a non pegged, ETH backed stable asset.

Rai Reflex Index (RAI) is an Ethereum token that aims to maintain a stable value . The RAI-USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de- or re-valuing it.