RAI is Live
Crypto native stability backed by ETH and available for all
After almost a year of testing, simulations and building, we’re thrilled to announce the launch of RAI! RAI is an ETH backed, non pegged stable asset whose monetary policy is managed by an on-chain, autonomous controller. You can start to mint RAI today using our dashboard. RAI was deployed at this address and the Uniswap v2 RAI/ETH market is here.
Prior to this launch, Proto RAI, our mainnet demo, ran smoothly for almost 3 months and was shut down on 25th of January. We’ve received great support from our community who put more than $612K worth of ETH in the demo and minted almost 52K PRAI.