RAI Dollar to launch with immutable, autonomous rates

Reflexer Finance confirmed via X that its upcoming RAI Dollar stablecoin will launch with completely immutable, autonomous rates — with no gradual decentralization process. The statement, reposted by Reflexer from @BT_BT_BT, says final borrow rates will be based on collateral utilization, the current market peg state, and the optional Redemption Shield, which protects a borrower from being redeemed.

• The repost responds to a discussion thread about market design and curation.
• No launch date or further rate-mechanism details have been disclosed.
• This is separate from RAI Dollar's previously announced engagement of Pashov Audit Group.