A Money God RAIses — RAI is live on Ethereum Mainnet!

In Programs We Trust

Sure, I’ll trust in God — once you show me the source code 👼
Money printer go BRRR
Fiat currencies in disbelief
Protip: Click to play

Credit Where It’s Due

How RAI Works

  1. The demand for ETH leverage → mint & sell RAI → RAI market price goes down
  2. The demand for RAI as a stable reserve → buy RAI → RAI market price goes up

Why RAI Solves The Triffin Dilemma

  1. Ethereum is global and publicly accessible, meaning anyone in the world with an internet connection has immediate and permissionless access to RAI.
  2. Ethereum is transparent by default, so the logic of the rules (including the controller) governing RAI are publicly verifiable.
  3. Ethereum is decentralized and censorship resistant, so we can trust the RAI program to be executed as programmed and to be online 24/7.
  4. Ethereum programs have native access to the ETH asset, which we use in place of fiat or gold to back RAI, and without counterparty risk.
  5. Ethereum and the ETH asset are both credibly neutral by design, and by building on them RAI inherits their neutrality, a prerequisite for RAI’s independence from sovereign interests.

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Ameen Soleimani

Ameen Soleimani

817 Followers

CEO at @SpankChain , Summoner of @MolochDAO , ConsenSys Alum