![Rai-logo](/_next/image/?url=https%3A%2F%2Fimages.ctfassets.net%2Ft3wqy70tc3bv%2F4DeaIbS9whSxx3zJehZqqL%2Fcbb244a748772c62c3ecff36bdae4662%2FReflexer_Logo.png&w=128&q=75)
Rai
RAI is an ETH backed stable asset with a managed float regime. The RAI/USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de or revaluing it.
ETH
Defi
DEX
Insurance
Staking
Solidity
Maximum Bounty
$100,000Live Since
02 November 2021Last Updated
08 April 2024PoC required
Resources & Documentation
All smart contracts of Rai can be found at https://github.com/reflexer-labs. However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.