Injective Protocol

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Injective Protocol

Reflexer will Integrate the RAI Stablecoin with Injective's Derivatives Protocol Reflexer will be integrating the RAI stablecoin with Injective, making us the first decentralized derivatives exchange to support RAI. RAI is the first stablecoin on Reflexer and operates in a similar fashion to DAI. However, unlike DAI, Reflexer is entirely administered by algorithms rather than manual forms of governance. In particular, RAI is a non-pegged, stable asset that is solely collateralized by ETH. The Reflexer team is backed by the likes of Pantera and Paradigm. Our team at Injective is excited to work with Reflexer on the initial deployment of Rai on our derivatives exchange. This is a significant milestone for Injective as we further bolster our collaboration with stable assets in order to truly showcase the limitless capabilities on our protocol. Read More: bit.ly/3ojog12