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What is Reploy (RAI)?

RAI is a stablecoin fully backed by ETH. It is part of the Reflexer platform and aims to function as a decentralized stablecoin that is neither pegged nor backed by a central authority, unlike many of the stablecoins currently in circulation. Its goal is to be resistant to market volatility, maintaining a stable representation of its collateral even during market disturbances, while remaining trustless. The project describes this asset class as reflex-index. RAI is designed for use across DeFi protocols or as a reserve during extreme market volatility. What are the main features of RAI and how does it operate? RAI is entirely backed by decentralized, immutable collateral on Ethereum. Users can mint RAI by depositing ETH and then engage in sending, swapping, or storing RAI. It employs a u...

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Global prices

RAI / DKKDanish Krone

7.270705

RAI / GBPBritish Pound Sterling

0.821179

RAI / HKDHong Kong Dollar

8.71209

RAI / INRIndian Rupee

95.205455

RAI / JPYJapanese Yen

160.871321

RAI / MXNMexican Peso

21.222313

RAI / AUDAustralian Dollar

1.767325

RAI / TRYTurkish Lira

42.25496