A digital currency independent from banks. Borrow, spend, and repay at your own terms.
Buy R on the market or borrow R with Raft. Pay zero fees to borrow R, and keep earning staking rewards on your Lido Staked Ether collateral.
Fully backed by collateral
R uses proven, sophisticated mechanisms to peg its price to 1 US Dollar. You can redeem R for $1 worth of collateral. Always.
You can borrow R through multiple frontends. And to protect you, R uses immutable smart contracts that cannot be changed. By anyone. Ever.