RABI Holder Responsibilities

•  RABI holders have voting power to make decisions on various aspects of the Rabi protocol.

•  These decisions include adding new collateral asset types, changing risk parameters, and modifying the Rabi Savings Rate.

•  RABI holders can also choose Emergency Oracles, trigger emergency shutdown, and upgrade the system.

•  They can allocate funds from the RABI Buffer to pay for infrastructure needs and services. Rabi’s Future

•  The potential market for Rabi extends beyond the decentralized blockchain industry.

•  It includes areas such as cross-border transactions, remittances, charities, gaming, and prediction markets.

•  Rabi aims to provide a decentralized financial infrastructure that is accessible to everyone.

•  The protocol is designed to be transparent, secure, and efficient.

•  Rabi’s governance model ensures that decisions are made in a decentralized and democratic manner.

•  RABI holders play a crucial role in shaping the future of the protocol and its ecosystem.

About Rabi

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 …