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Record sog_st_rai
RAI/RAI Reflex Index
Also recorded as RAI, Rai Reflex Index, Reflexer RAI
- Lifecycle
- Active
- Issuance
- Protocol-based
- Reference target
- Floating protocol redemption price
- Primary organization
- Reflexer Labs / RAINo additional recorded relationship
- Launch
- 2021-02-17
- Redemption
- Protocol Redemption
- Backing
- Crypto-collateralized
- Stabilization
- Protocol arbitrage
- Last review
- 2026-06-14
- Evidence
- 5 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.ETH-backed floating-target asset issued by the Reflexer protocol. RAI uses a protocol redemption price and rate to damp market-price deviations without maintaining a fixed USD peg.
| Name | RAI Reflex Index |
|---|---|
| Symbol | RAI |
| Aliases | RAI, Rai Reflex Index, Reflexer RAI |
| Asset class | Stable Value Asset |
| Lifecycle status | Active |
| Issuance status | Protocol-based |
| Canonical record ID | sog_st_rai |
| Route slug | rai |
| Record confidence | Medium |
| Last reviewed | 2026-06-14 |
- Name
- RAI Reflex Index
- Symbol
- RAI
- Aliases
- RAI, Rai Reflex Index, Reflexer RAI
- Asset class
- Stable Value Asset
- Lifecycle status
- Active
- Issuance status
- Protocol-based
- Canonical record ID
sog_st_rai- Route slug
rai- Record confidence
- Medium
- Last reviewed
- 2026-06-14
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 5 |
| Reserve reports | 0 |
| Reserve components | 1 |
| Model-history events | 2 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 2 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Protocol Governed
- Primary display organization
- Reflexer Labs / RAI
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Reflexer Labs / RAI | Protocol or software system | Protocol or decentralized system | Unknown or not publicly resolved | Protocol operator | Primary display | 2021-02-17 | Not yet recorded | Active relationship |
Protocol or software system
Primary displayReflexer Labs / RAI
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Protocol or decentralized system
- Jurisdiction
- Unknown or not publicly resolved
- From
- 2021-02-17
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- Floating protocol redemption price
- Reference kind
- Floating
- Comparison category
- Floating protocol target
- Target value
- Not yet recorded
- Reference methodology
- The protocol redemption price and rate can move rather than target a fixed USD value.
- Public backing model
- Crypto-collateralized
- Canonical backing types
- Crypto Collateral
- Reserve component categories
- Crypto Collateral
- Primary stabilization mechanism
- Protocol arbitrage
- Recorded model description
- Eth Collateralized Floating Target
- Redemption / exit model
- Protocol Redemption
- Valuation source
- RAI market price and protocol redemption price
- Yield / rebase profile
- Variable Rate · Accrual: Protocol Position
- Classification notes
- ETH-backed floating-target asset. It must not be represented as a one-dollar peg.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Crypto collateralCrypto Collateral
| Disclosure status | Protocol-transparent |
|---|---|
| Backing types | Crypto Collateral |
| Summary | RAI is generated against protocol-approved crypto collateral, historically ETH, through Reflexer SAFE positions. Collateralization and liquidation state are protocol-transparent rather than represented by an issuer reserve account. |
| As of | 2026-06-14 |
| Profile confidence | Medium |
- Disclosure status
- Protocol-transparent
- Backing types
- Crypto Collateral
- Summary
- RAI is generated against protocol-approved crypto collateral, historically ETH, through Reflexer SAFE positions. Collateralization and liquidation state are protocol-transparent rather than represented by an issuer reserve account.
- As of
- 2026-06-14
- Profile confidence
- Medium
| Current status | Protocol Based |
|---|---|
| Settlement asset | Protocol collateral under SAFE repayment or Global Settlement rules |
| Eligible parties | SAFE users and protocol participants subject to available contracts and settlement state. |
| Retail access | Protocol or Market Based |
| Institutional access | Protocol or Market Based |
| Minimum amount | Protocol- and transaction-dependent. |
| Fee | Stability fees, redemption-rate effects, gas, liquidation, and market costs may apply. |
| Settlement time | Protocol- and network-dependent. |
| Regional limits | Access depends on Ethereum, compatible interfaces, collateral availability, and protocol state. Secondary-market liquidity is not issuer redemption. |
- Current status
- Protocol Based
- Settlement asset
- Protocol collateral under SAFE repayment or Global Settlement rules
- Eligible parties
- SAFE users and protocol participants subject to available contracts and settlement state.
- Retail access
- Protocol or Market Based
- Institutional access
- Protocol or Market Based
- Minimum amount
- Protocol- and transaction-dependent.
- Fee
- Stability fees, redemption-rate effects, gas, liquidation, and market costs may apply.
- Settlement time
- Protocol- and network-dependent.
- Regional limits
- Access depends on Ethereum, compatible interfaces, collateral availability, and protocol state. Secondary-market liquidity is not issuer redemption.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| No reserve reports have been added yet. | ||||
No reserve reports have been added yet.
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | Not yet recorded | Canonical or native issuance | Native | Active | Active | No separate change state recorded | Native deployment | Canonicality recorded | Identifier recorded; verification not recorded | Identifier recorded | 0x03ab458634910aad20ef5f1c8ee96f1d6ac54919 | Not yet recorded | Not yet recorded | 0 | Ethereum RAI address referenced by Reflexer integration documentation. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| RAI FAQ Published Not yet recorded | Reflexer | Official documentation or product page Canonical: Protocol Docs | Subject-controlled source | Primary source | Rai Floating Redemption Price and Protocol Design, Rai Safe Repayment and Global Settlement Exit | No archive recorded | High |
| Oracle Relayer Published Not yet recorded | Reflexer | Official documentation or product page Canonical: Protocol Docs | Subject-controlled source | Primary source | Rai Redemption Price and Rate Contract Mechanics | No archive recorded | High |
| Governance Minimization Guide Published Not yet recorded | Reflexer | Official documentation or product page Canonical: Protocol Docs | Subject-controlled source | Primary source | Rai Governance Minimization Stages | No archive recorded | High |
| RAI integrations and partners Published Not yet recorded | Reflexer | Official documentation or product page Canonical: Protocol Docs | Subject-controlled source | Primary source | Rai Ethereum Contract and Market Integrations | No archive recorded | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Governance and Parameter Control | Current automated, ungoverned, and maintained RAI components require contract-level normalization. | Unknown after review | High | 2026-06-14 |
| Current Protocol Access | Current interfaces, collateral types, keeper infrastructure, and cross-chain representations require fresh verification. | Unknown after review | Medium | 2026-06-14 |
Governance and Parameter Control
Current automated, ungoverned, and maintained RAI components require contract-level normalization.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-14
Current Protocol Access
Current interfaces, collateral types, keeper infrastructure, and cross-chain representations require fresh verification.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-14
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
- RAI governance-minimization processMigration
- RAI launches on Ethereum mainnetMigration
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| — | RAI governance-minimization process | Governance and protocol change | Governance Transition | Remained active | Not applicable |
| 2021-02-17 | RAI launches on Ethereum mainnet | Launch and introduction | Launch | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- Reflexer Labs / RAIUnknown or not publicly resolved
- Event registry2 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.