Watch / Let's start a RAI-ot!

Let's start a RAI-ot!

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Let's start a RAI-ot!

Duration: 00:28:26

Speaker: Fabio Hildebrand

Type: Talk

Expertise: Intermediate

Event: Devcon 6

Date: Oct 2022

Launched Feb 2020, RAI—a fork of DAI—is an ETH backed stable-ish coin that uses an onchain PI controller to set interest rates automatically and emphasizes “ungovernance”. If you’ve ever looked at a central bank and thought about replacing it with a computer, this talk is for you! Come listen to the RAI story so far, what we’ve learned, where we’re going, and why we think the RAI model of controlled, floating exchange rates are going to be the future of DeFi and beyond.
About the speakers

FH

Fabio Hildebrand

Dev @ RAI

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