Reflexer is a blockchain-based platform that allows anyone to use their crypto collateral to mint stablecoins. Like US Dollar, which is not pegged to anything and is still considered stable, stablecoins are not pegged to anything. RAI is the native E...MoreTH-backed stablecoin of the platform. RAI's price depends on the supply and demand in the protocol, which tries to stabilize the price by constantly devaluing or revaluing it. The supply comes from SAFE users, who generate RAI with their ETH, while the demand comes from RAI holders.
A quick snapshot of Reflexer Ungovernance ROI (return on investment) over different time periods.
A successful project is based on a foundation of a well experienced team. Take a closer look into Reflexer Ungovernance's team.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to firstname.lastname@example.org.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
Project announcements and news have a significant impact on the price. Below are live updates from Reflexer Ungovernance's Twitter and Reddit accounts.
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