Cryptocurrency Q&A
What is rai stablecoin?
What is rai stablecoin?
BitcoinBaronGuard
Mon Nov 04 2024
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6 answers
1110
RAI Stablecoin is a decentralized, non-fiat anchored cryptocurrency. It aims to maintain a stable value through an automated market-making mechanism, without relying on any trusted central authority or asset. RAI is designed to be a low-volatility asset, solely supported by ETH, whose price is adjusted through a system of incentives and disincentives.
6 answers
Lucia
Wed Nov 06 2024
This approach allows RAI to adapt to market conditions while still providing a relatively stable option for investors.
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Elena
Wed Nov 06 2024
This asset is backed by Ethereum and aims to offer stability in the cryptocurrency market, which is known for its volatility.
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KDramaLegendary
Wed Nov 06 2024
RAI is unique compared to other stablecoins as it does not have a fixed value.
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KpopHarmonySoulMate
Wed Nov 06 2024
Instead of maintaining a constant price, RAI's value is allowed to move within specific limits.
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Nicola
Tue Nov 05 2024
By leveraging Ethereum, RAI aims to create a more reliable asset in the crypto space.
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