R (R)

R is a decentralized digital currency that allows users to unlock financial freedom in the digital economy. This ultimate decentralized currency is independent of banks, allowing users to borrow, spend, and repay at their terms. R is fully backed by collateral, using proven mechanisms to peg its price to 1 US Dollar, and users can redeem R for $1 worth of collateral. With R, users can enjoy the benefits of a decentralized currency while maintaining capital efficiency.

One of the main features of R is its capital efficiency. Users can buy R on the market or borrow R with Raft, paying zero fees to borrow R and earning staking rewards on their Lido Staked Ether collateral. The borrowing process with Raft is simple and accessible to everyone. Users can deposit ETH, stETH, or wstETH collateral to get started and spend R with a growing list of Raft ecosystem partners. There are no limits on how long users can keep their R loan open, allowing them to repay R to Raft on their terms.

R prioritizes decentralization and security. Users can borrow R through multiple frontends, while R uses immutable smart contracts that no one can change. Trail of Bits is currently auditing the smart contracts, ensuring the safety of users’ investments. Raft also encourages community involvement and provides various channels such as Discord, Telegram, Twitter, and GitHub for users to join the discussion, get involved, and stay updated.