Reflexer and WePiggy Partnership

Published on: 04.08.2021

Reflexer excited to announce its collaboration with WePiggy.

WePiggy will list RAI on their lending platform, thus bringing more liquidity and a unique stable asset to their community.

RAI is the first ever stablecoin that is not pegged to any fiat currency. It is only backed by ETH and is meant to be governance minimized as time passes by. RAI is already integrated in several protocols, serving as a native DeFi unit of account and a trust minimized stable asset.

WePiggy will work with Reflexer to combine their expertise in DeFi applications with Reflexer’s experience in building stablecoins in order to promote a unique money market.

 

About Reflexer

Reflexer Labs are the creators of RAI: a non pegged stable asset that is fully backed by ETH. RAI was built using techniques borrowed from control theory and it’s the first stable asset that can impose both positive and negative interest rates on its holders.

 

About WePiggy

WePiggy is an open-source, non-custodial, crypto asset lending market protocol. In WePiggy’s market, users can deposit their crypto assets to earn interest, or borrow other crypto assets by paying interest.

 

INFO

https://medium.com/reflexer-labs/reflexer-and-wepiggy-partner-to-bring-the-rai-stablecoin-on-a-new-money-market-437e8d3b3bee

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