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Raft RAFT
RAFT
0.0004714
$
0.39 %
Change 24h
Market Cap
$ 438,994
Volume 24h
$ 29.70
Circulating Supply
931,583,333
RAFT
$
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.