Raft: The case for LSD-backed stablecoins

Our guest today is Richard, Head of Product at Raft. Raft is a governance-minimized protocol that allows users to mint a novel stablecoin, R, backed by liquid staked ETH as collateral. In this conversation, we explore the current state of the stablecoin landscape, what differentiates R from other stablecoins, the potential use cases for R, and how the protocol maintains peg stability. ----- Degen Responsibly is a series of live talks by Exponential DeFi and a guest protocol. In these conversations we explore some of the latest and greatest projects in DeFi, what makes them unique, their builders but also talk about the risks and what to watch out for. Our goal is to help investors make better informed decisions and help them save time as they do their own research. ----- Learn more about us at exponential.fi and follow us @exponentialdefi ----- Information provided here is presented for educational purposes only and does not consider financial advise or any offer or solicitation to buy any of the tokens or invest in any of the pools mentioned throughout the podcast.