Collateralized RAI Debt
(Tutorial & Images using reflexer on Assembly)
What is Reflexer Finance
Reflexer is a decentralized borrowing platform where anyone can use their crypto collateral to issue reflex indexes like RAI. RAI is an ETH backed, non pegged stable asset that is managed by an on-chain, autonomous controller. Reflex indexes like RAI are stable assets that are not pegged to anything, very similar to how the US Dollar is not pegged and it is still considered stable.
Using Reflexer with Instadapp
Currently Reflexer is available on Instadapp Assembly