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BCH $511.03 -1.06%
LINK $8.24 -4.01%
HYPE $28.88 -3.14%
AAVE $106.17 -3.14%
SUI $0.8833 -5.43%
XLM $0.1514 -5.17%
ZEC $226.00 -3.27%

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
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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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