Stablecoin information
RAI is a collateralized, non-pegged asset with low volatility compared to its ETH collateral.
Category:crypto-backed
Minting and Redemption
Users mint RAI by depositing ETH as collateral into Rai safes. When the loan is repaid to retrieve the collateral, the paid back RAI is burned.
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.02% | +0.13% | -1.28% | 472,143.42 | ||
| Optimism Bridge | 100% | +0.00% | +0.00% | +0.00% | 14,631.02 | |
| Polygon PoS Bridge | 100% | +1.42% | -9.27% | +73.68% | 5,913.66 | |
| Arbitrum L1 Custom Gateway | 100% | +0.00% | +0.00% | +0.00% | 4,728.07 | |
| Gnosis Chain OmniBridge | 100% | +0.05% | +0.05% | +0.05% | 782.42 | |
| Avalanche Bridge | 100% | +0.89% | +0.89% | +0.89% | 54.48 | |
| Loopring | 0 |