Reflexer Labs

Reflexer Labs is a decentralized finance (DeFi) protocol that focuses on creating a stablecoin called RAI, which stands for Reflex Anchor Interest. Unlike traditional stablecoins that are pegged to fiat currencies, RAI is designed to maintain its value through a self-stabilizing mechanism that adjusts based on market conditions. This allows RAI to be more resilient to volatility while maintaining a degree of price stability. Reflexer Labs aims to provide a decentralized, algorithmic alternative to fiat-backed stablecoins, enhancing the DeFi ecosystem by allowing users to retain a stable value without relying on centralized entities.