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

    Latest News

    Ethereum Founder Shares New Vision for the First Non-Pegged, Stable Asset Backed by ETH

    • 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…

    The submit Reflexer Finance Crowdsources Concepts for RAI V2, Buterin Suggests Non-USD Backing appeared first on Coin Version.

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