WIP20:提议上线 RAI 借贷市场 / Propose to List RAI

1 、前言

提案编号:WIP20
提案名称:提议上线 RAI 借贷市场
提案作者:Core Devs
有关提案:无
替换提案:无

2 、摘要

本提案中,核心开发团队提议在以太坊主网上线 RAI 借贷市场,并开启 pRAI 矿池。
注意:本提案讨论期 2 天,正式投票期 2 天。

3 、动机

Reflexer 是一个超额抵押的债务体系。RAI 是 Reflexer 上的第一个去中心化的稳定低波动资产,其运行方式与 DAI 类似。但又不同,RAI 完全由算法治理。Reflexer 本质上是 MakerDao 多抵押 DAI 的分叉,只是 Reflexer 用修改赎回价格(RAI 系统中的目标价格)代替了稳定费,从而允许出现负利率,进而允许 RAI 的目标价格可以随着时间而变化。值得注意的是,RAI 不锚定任何资产,仅由 ETH 抵押。它旨在抑制以太坊的价格波动,从而提供以太坊作为 DeFi 抵押品的稳定替代方案。

Reflexer 团队已获得 Pantera 和 Paradigm 等众多机构的支持。RAI 已经上线了 AAVE、CREAM 等借贷协议,目前为止运行良好,且 RAI 在以太坊主网上的 DEX 当中具备极佳的流动性,这一点将大大降低清算风险。近日,RAI 还上线了最大的中心化合规交易平台 Coinbase。

故尽管其上线未久,去中心化程度尚有所欠缺,核心开发团队经过谨慎评估,认为其符合上币标准,并提议以相对于其它稳定币来说较低的最大质押率允许其作为质押物。

最后,上线 RAI 借贷市场,一方面,有助于扩大 WePiggy 借贷协议在以太坊主网上的优质资产规模,另一方面,也有助于引入 RAI 的海外社区用户,并满足他们的借贷需求。并且,这将能够增加 WePiggy 协议的海外影响力,为将来更多的海外社区合作奠定基础。

4 、正文

4.1 基本信息

1 ) 名称:RAI

2 ) 合约信息:0x03ab458634910aad20ef5f1c8ee96f1d6ac54919

3 ) 审计报告:

4 ) 项目介绍:

Reflexer Labs 正在创建一种缓慢跟踪以太坊价格走势的新资产 RAI,为 DeFi 提供一种既具有价格稳定性又去中心化的抵押资产。RAI 没有将自己称为稳定币,而是一种降低或延迟资产波动性的方案,以便为其他的 DeFi 协议提供这类低波动性的资产作为基础的标的资产。

4.2 风险水平概述

1) 智能合约风险 ----分数:3 评级:D+

a. 上线天数:170

b. 转账笔数:67,298

2) 对手方风险 ----平均分:6 平均评级:C+

a. 许可:无需许可 分数:9 评级:B+

b. 持币地址:2,061 分数:3 评级:D+

3) 市场风险 ----平均分:6 平均评级:C+

a. 市值:$32,976,498 分数:4 评级:C-

b. 平均交易量 分数:4 评级:C-

1W 1M 3M 6M 1Y
$3,258,829 $3,035,768 $5,953,377 $6,894,906 $6,894,906

c. 价格波动 分数:11 评级:A

1W 1M 3M 6M 1Y
0.004236902 0.006167601 0.010981105 0.010981105 0.010981105

总评级: C+

4) 其它说明(选填):

4.3 建议的风险参数设置

资产 U kink R 0 R 1 R 2 准备金率 质押率 借款上限 存款上限
RAI 80% 0% 4% 75% 20% 50% 443,098

存款/借款 APY 曲线:

4.4 建议的经济激励

1 ) 存 pToken 挖矿

是否启动:是

权重:300

说明:上线时,参照 UNI 的权重,未来会根据实际情况进行调整

2 ) 借款挖矿

是否启动:是

权重:135

说明:上线时,参照 UNI 的权重,未来会根据实际情况进行调整

评估表格公示,如下:

五 、选项

1、支持上线 RAI
2、不支持上线 RAI

--------In English----------

WIP20: Propose to List RAI

1. Preamble

Proposal Number: WIP20
Proposal Title: Propose to List RAI
Proposal Author(s): Core Devs
Related Proposals / Dependencies: N/A
Replacement Proposal / Replaces: N/A

2. Abstract

In this proposal, the core development team proposes to launch the RAI lending market on the Ethereum mainnet and enable the pRAI mining pool.

Note: The duration of the Proposal Discussion Stage is 2 days, the Proposal Voting Stage is 2 days.

3. Motivation

Reflexer is an over-collateralized debt system. RAI is the first decentralized stable low-volatility asset on Reflexer, and its operation is similar to DAI. But it is different, RAI is completely governed by algorithms. Reflexer is essentially a fork of MakerDao’s multi-collateral DAI, but Reflexer replaces the stability fee with a modified redemption rate (the target price in the RAI system) to allow negative interest rates, which in turn allows RAI’s target price to change over time. It is worth noting that RAI does not peg any assets and is only collateralized by ETH. It is designed to dampen the price volatility of Ethereum, thereby offering a stablecoin alternative to Ethereum as DeFi collateral.

The Reflexer team has received support from many top-tier crypto venture capital firms such as Pantera and Paradigm. RAI has been listed on AAVE and CREAM lending markets, which have been running well so far, and RAI has excellent liquidity in the DEX on the Ethereum mainnet, which will greatly reduce the risk of liquidation. Recently, RAI also gets listed on Coinbase, the world’s largest regulated cryptocurrency exchange.

Therefore, although it has not been online for a long time and it is not decentralized enough currently, the core development team after careful evaluation, believes that it meets the listing standards, and proposes to allow it to be used as collateral with a lower LTV compared to other stable coins.

Finally, the launch of the RAI lending market, on the one hand, will help to expand the scale of high-quality assets of the WePiggy lending protocol on the Ethereum mainnet. On the other hand, it will also empower the RAI with borrowing capacity, meet the borrowing needs of the RAI community. Moreover, this will increase the influence of WePiggy overseas and lay the foundation for more overseas community cooperation in the future.

4. Specification

4.1 Basic Information

1 ) Project Name: RAI

2 ) Contract Address: 0x03ab458634910aad20ef5f1c8ee96f1d6ac54919

3 ) Audit Report:

4 ) Project Introduction:

Reflexer Labs is creating a new asset RAI that slowly tracks the price trend of Ethereum, providing DeFi with a collateral asset which is stable and decentralized. RAI does not call itself a stable coin in the early days, but a solution to reduce or delay the volatility of assets in order to provide other DeFi protocols with low-volatility assets as the underlying assets.

4.2 Asset Risk Overview

1) Smart Contract Risk Score: 3 Rating: D+

a. Days: 170

b. Transaction: 67,298

2) Counter-party Risk Avg. Score: 6 Avg. Rating: C+

a. Permission: Permissionless Score: 9 Rating: B+

b. Holders: 2,061 Score: 3 Rating: D+

3) Market Risk Avg. Score: 6 Avg. Rating: C+

a. Market Capitalization: $32,976,498 Score: 4 Rating: C-

b. Volume: Score: 4 Rating: C-

1W 1M 3M 6M 1Y
$3,258,829 $3,035,768 $5,953,377 $6,894,906 $6,894,906

c. Volatility: Score: 11 Rating: A

1W 1M 3M 6M 1Y
0.004236902 0.006167601 0.010981105 0.010981105 0.010981105

Overall Rating: C+

4) Remark (Optional):

N/A

4.3 Recommended Risk Parameters Setting

Name U kink R 0 R 1 R 2 Reserve Factor LTV Borrow Cap Deposit Cap
RAI 80% 0% 4% 75% 20% 50% None 443,098

Deposit/Borrow APY:

4.4 Recommended Economic Incentives

1) Stake pToken Mining

ON or OFF? ON

Weight: 300

Description : Refer to the weight of UNI, and it will be adjusted according to the actual situation in the future.

2) Borrowing Mining

ON or OFF? ON

Weight: 135

Description: Refer to the weight of UNI, and it will be adjusted according to the actual situation in the future.

Listing evaluation sheet of RAI as below: https://www.yuque.com/zgryhn/duu5f7/adzwyr#ssgt

5. Option

Option 1: For the listing of RAI
Option 2: Against the listing of RAI

3 Likes

If it’s good enough for Coinbase, AAVE, and CREAM, then it’s good enough for me!
“Option 1: For the listing of RAI”

1 Like

Another big name, paradigm is the top-class VC, they “create” Uniswap :slight_smile:

2 Likes

很好的專案 推一把