R R
R
0.9988
$
0.20 %
Change 24h
Market Cap
$ 7,590,814
Volume 24h
$ 296,641
Circulating Supply
7,593,200
R
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
Raft is an immutable, decentralized borrowing protocol that allows people to take out stablecoin loans against capital-efficient collateral. Raft's USD stablecoin is called R.
R is the first USD stablecoin solely backed by stETH (Lido Staked Ether). R provides the most capital-efficient way to borrow using your stETH. R aims to be the stablecoin of choice within the decentralized ecosystem, with deep liquidity across many trading pairs and a stable peg.
Each R is designed to retain a value of 1 USD.