Reflexer Monthly Recap — November

elisa
Reflexer
Published in
2 min readDec 1, 2021

Crypto moves at such a fast pace it gets difficult to keep up –– here is a quick recap of everything that happened for RAI and Reflexer in the month of November.

RAI

  • Polly Finance began to incentivise a RAI/ETH pool on their synthetic asset platform deployed on Polygon, and introduced a new stable asset index made out of 40% RAI.
  • Frax Finance accumulated RAI in a UniSwap v3 pool.
  • Partnership with Vesq to help offer RAI bonds on Polygon (Vesq launch TBA).
  • Friendly fork by NewOrderDAO introducing H2O, a stable coin backed by the OCEAN token as well as data tokens from the Ocean Protocol ecosystem. They plan to allocate 7% of total AQUA (un)governance token supply to the Reflexer community.
  • Friendly fork by Volt Protocol where VOLT is multicollateral RAI, backed by OHM. They will offer 6% of total VCON governance token supply to the Reflexer community.
  • Proposals to add RAI to: Compound (with the help of TylerEther) and Nexus Mutual.

Community

Integrations

  • 37 protocols, exchanges, interfaces, dApps and DAOs have adopted RAI thus far.
  • Wyre widget added to the Reflexer dash which can be used to drop USD and get RAI.
  • RAI listed on the Uphold debit card, initially only open to US users, to become available for UK and EU residents at a later date.
  • MetaGame using RAI in their Polygon Balancer v2 pool in combination with ETH and SEED, their governance token.

Join the Money God 🗿

► Website–– https://reflexer.finance/

► Twitter–– @reflexerfinance

► Discord–– https://discord.gg/CfR74X22XE

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