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@l2explorer.eth
UEV Daily Dashboard: RAI or DAI? In the world of crypto "stablecoins" there are many flavors which are dominated by the likes of centralized "pegged" solutions like USDC and USDT. However, there are some more interesting stablecoin projects out there like RAI and DAI. RAI is a very small marketcap stablecoin ($3m), but has a unique approach to tackling the stablecoin market. Instead of being pegged to a dollar, it is a floating asset primarily pegged to the price of ETH with much less volatility. Over the course of the past few years it has ranged from $2.6 to ~$4. https://dune.com/kyoronut/RAI
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