25 April, 2023

Why trust Rabi?

Nikita Feredman

The Rabi token is a cryptocurrency that is backed by collateral and designed to maintain stability. It is pegged to various assets such as Bitcoin, Gold, oil, the US Dollar, and shares of technology companies.
The Rabi Protocol is governed by RABI token holders through a system of scientific governance
The aim is to ensure stability, transparency, and efficiency
The soft-pegging mechanism helps to minimize price volatility
The Rabi token is managed by people around the world who hold its governance token
The Rabi Protocol is designed to minimize financial risks
The Rabi token is designed to be stable and transparent
The Rabi Protocol is designed to be efficient and effective
RABI holders govern the Protocol and the financial risks of Rabi to ensure its stability, transparency, and efficiency

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 …

Published on April 25, 2023

Written by Nikita Feredman

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