Loading...
Ratio Finance gives Solana ecosystem users a way to broaden their liquidity strategies by minting stable coins (USDr) with their Raydium LP tokens as collateral. USDr (Ratio USD) is a collateral-backed stablecoin, comparable in design to Maker DAO’s DAI. Through Ratio Finance, users can mint USDr by supplying different LP tokens tied to specific Raydium pools. This approach is designed to encourage liquidity on Solana and support ecosystem expansion by drawing increasing liquidity from other chains. Participants can also buy USDr in liquidity pools created by Ratio Finance, enabling free trading for those who prefer not to supply liquidity for minting and instead want a stablecoin to hold. Those same pools are intended to support USDr’s peg by enabling arbitrage when the difference between minting and market trading rates causes price deviations.
RATIO is the native governance token used for:
Whitelisting which collateral assets are acceptedUpdating the accepted oraclesModifying the risk algorithms that determine how much USDr can be minted against each crypto-assetAdjusting emissions for using different collateral types on the platformRunning governance votes that decide how network resources are allocated.Ratio Finance’s early feature set includes:
Mint USDr by depositing stable Solana LPEarn yield on the deposited assets0% interest for USDr mintingNo liquidations on collateral.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|