TAI Protocol Launch
Launch of a RAI fork that will support $ETH LSDs as collateral.
DETAILS
- Earn RATE rewards by minting TAI or providing TAI/ETH liquidity via the dApp
- TAI is pegged to $1
- Collateral: ETH, wstETH, rETH, cbETH and RAI
- Minimum debt: 7500 TAI
- Liquidation ratio: 130% – 185%
- Stability fee: 0.5% – 4%
- Liquidation penalty: 2% – 5%
- $RATE Tokenomics
- Total supply: 1,000,000 RATE
- 10% – team (vested over 3 years)
- 7% – treasury
- 83% – community
- 5% – community treasury
- 78% – minting & LP rewards
- Governance token
- Total supply: 1,000,000 RATE
Links & Resources
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