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Reflexer Finance Crowdsources Ideas for RAI V2, Buterin Suggests Non-USD Backing Coin Edition 26 Jul 2024

Reflexer Finance Crowdsources Ideas for RAI V2, Buterin Suggests Non-USD Backing 💡

Reflexer Finance, creators of the first non-pegged stable asset, RAI, backed solely by Ethereum (ETH), are crowdsourcing ideas from the community for a new version, RAI V2. Ethereum founder, Vitalik Buterin, proposed exploring indices not connected to the USD to improve RAI V2's stability. The suggestions from Buterin aim to address and potentially enhance RAI V2's performance and stability in the volatile cryptocurrency market. Reflexer Finance's initiative highlights the importance of community engagement and expert feedback in the evolution of decentralized financial projects.

Source: coinedition.com ↗