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BTC $63,313.81 +0.50%
ETH $1,892.47 +0.66%
BNB $604.02 -0.40%
XRP $0.9974 -0.39%
SOL $75.23 -0.20%
TRX $0.3330 +0.63%
DOGE $0.0701 +0.41%
ADA $0.1746 -1.52%
BCH $204.72 +0.34%
LINK $9.39 -0.31%
HYPE $59.14 +2.97%
AAVE $85.85 -0.08%
SUI $0.6750 -0.35%
XLM $0.1572 +0.14%
ZEC $510.65 +4.47%

The stablecoin protocol Raft has released version V2, with a fixed annual interest rate of 6% for the stablecoin R

2023-09-05 08:25:34

ChainCatcher news, the collateralized stablecoin protocol Raft based on stETH has released version V2, introducing a fixed annual interest rate of 6% for the stablecoin R; at the same time, a PSM module has been launched to facilitate the mutual exchange between DAI and R through a fixed interest rate to maintain the peg of R's exchange rate; in addition, the one-time fee treasury for stETH and rETH lending has been suspended, and all borrowers are unaffected, with a new interest rate treasury to be introduced subsequently.

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