Raft
RAFT

0.0004479
$
2.99 %
Change 24h
Market Cap
$ 214,011
Volume 24h
$ 10,013
Circulating Supply
478,150,000
Total Supply
2,500,000,000
RAFT
$
# Exchange Pair Price Volume 24h

Description

Raft is a DeFi protocol that lets you generate R by depositing liquid staking tokens (LSDs) as collateral, providing a capital-efficient way to borrow while keeping your staking rewards. R is a decentralized USD stablecoin backed by liquid staking tokens like stETH (Lido Staked ETH) and rETH (Rocket Pool ETH). R aims to be the stablecoin of choice within the decentralized ecosystem, with deep liquidity across many trading pairs and a stable peg to the US dollar maintained through a combination of hard and soft peg mechanisms.
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