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R current price is $ with a marketcap of $1.76 M. Its price is 0.00% up in last 24 hours.
Raft is a DeFi protocol that lets you generate R by depositing liquid staking tokens (LSDs) as collateral. A capital-efficient way to borrow while keeping your staking rewards.R is the most capital-efficient USD stablecoin backed by liquid staking tokens such as stETH (Lido Staked Ether) and rETH (Rocket Pool ETH), providing the **best way to borrow** against LSD collateral.R aims to be the stablecoin of choice within the decentralized ecosystem, with deep liquidity across many trading pairs and a stable peg. To keep a tight and stable peg to the US dollar, Raft uses a combination of both hard and soft peg mechanisms.