Nikita Feredman
The Rabi project is a DeFi application built on the Binance Smart Chain blockchain. It generates Rabi tokens that are soft-pegged to Bitcoin, gold, oil, the US dollar, and shares of technology companies. Rabi tokens are designed to minimize price volatility and serve as a store of value, medium of exchange, unit of account, and standard of deferred payment. The Rabi Protocol is managed by RABI token holders who govern the system and its financial risks through scientific governance. The Rabi Foundation prioritizes security through Formal Verification and mitigation plans for potential risks. Rabi Protocol is a decentralized token that is backed by collateral and is not issued or administered by any centralized actor or trusted intermediary. It has undergone …
The Rabi Protocol is a decentralized finance ecosystem that relies on external actors to maintain its operation. Keepers provide real-time market price information, Global Settlers act as a last line of defense against attacks, and Rabi community members provide various services.
