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Summary of Rabi
- Rabi is a DeFi application built on Binance Smart Chain blockchain.
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Rabi tokens are soft-pegged to:
- Bitcoin
- Gold
- Oil
- US dollar
- Shares of technology companies
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Rabi tokens aim to:
- Minimize price volatility
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Serve as:
- Store of value
- Medium of exchange
- Unit of account
- Standard of deferred payment
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About Rabi: Pioneering the Future of Cryptocurrency Trading
What is Rabi? (RABI) The Rabi project is a decentralized DeFi application built on the Binance Smart Chain blockchain, generating Rabi tokens that are soft-pegged to a diverse basket of assets, including Bitcoin, gold, oil, the US dollar, and shares of prominent technology companies. These tokens are designed to mitigate price volatility, serving as a reliable store of value, medium of exchange, unit of account, and standard of deferred payment. The Rabi Protocol is governed by RABI token holders, who scientifically manage the system and its financial risks through a decentralized governance framework. The Rabi Foundation prioritizes security, employing Formal Verification and mitigation strategies to address potential risks. As a decentralized token backed by collateral, Rabi operates independently, without the need for centralized administration or trusted intermediaries. The protocol has undergone rigorous formal system verification and contracted security audits, ensuring a robust and secure framework. With vast market potential, Rabi has far-reaching applications across various industries, including gaming, prediction markets, and cross-border transactions. Ultimately, the Rabi Foundation aims to dissolve, allowing Rabi to self-govern and manage its own governance framework.