Remove html from the following text : RAI is a stablecoin that is backed entirely by ETH. It is part of the Reflexer platform and aims to operate as a stablecoin that is neither pegged nor backed by one central authority, as opposed to many stablecoins currently on the market.It is meant to be resistant to the volatility of market events that result in the loss of a stablecoin’s peg, and thus be a more stable representation of its collateral, whilst still being trustless. The project refers to this kind of asset as reflex-index.RAI is intended to be used across DeFi protocols or held as a reserve in times of extreme market volatility.What are RAI’s key features and how does it work?As mentioned, RAI is entirely backed by decentralized immutable collateral on Ethereum. In order to mint RAI,...
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