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

• Ethereum’s founder suggests exploring non-USD-connected indices for RAI V2 to reinforce stability and neutrality.
• Vitalik Buterin proposes index concepts, together with World GDP and a weighted basket of world currencies.
• The crypto group responds with widespread approval and extra options.

Reflexer Finance, the workforce behind RAI, the primary non-pegged steady asset backed solely by Ethereum (ETH), just lately solicited options from the group on desired adjustments for a second model of RAI.

The inquiry piqued the curiosity of Ethereum’s founder, Vitalik Buterin, who provided his insights. Buterin advised exploring non-USD-connected indices to reinforce RAI V2’s stability and neutrality. He outlined 4 key standards for an excellent index: simply measurable, not too manipulable, credibly impartial, and fairly steady.

Primarily, Buterin proposed diversifying away fro…

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