Raft Profile picture
Jun 12 β€’ 12 tweets β€’ 5 min read Twitter logo Read on Twitter
🌐 Decentralization: Navigating Raft Closer To The Community

🧡 Image
Since its inception, Raft's vision has been a fully decentralized financial system.

Today, we share our plans to advance this vision, including our governance forum launch.

Scroll for the TL;DR version.

You can read the full announcement here:

mirror.xyz/0xa486d3a7679D…
Raft's launch was a significant milestone in #DeFi, introducing the most capital-efficient USD stablecoin, $R, backed by $stETH.

The protocol embodies efficiency, safety, and decentralization, all for the benefit of our community.

Decentralization is at Raft's core, fostering transparency, trust, and resilience.

We're committed to achieving this, and maintaining safety and security, with our governance-minimized approach and the new Raft Governance Forum. Image
The Raft Governance Forum is a space for our community to discuss proposals, voice their opinions, and actively participate in decision-making.

Join the forum and let's make waves in #DeFi together. 🌊

forum.raft.fi
Our vibrant community, the pioneers of Raft, have been and will continue to be instrumental in our journey.

Stay tuned for more about how we plan to empower our community with the $RAFT token.

The adventure is just beginning, and we're thrilled to have you join us.
The road to decentralization is challenging but rewarding.

At Raft, we're committed to this journey with our community, building a decentralized, secure, and efficient protocol with our users at the heart of every decision. πŸš€

We’re building Raft together 🀝
Join the $R-evolution as a Frontend Operator! 🌐

Whether you want to build a new Raft frontend interface or integrate Raft into your existing application, we're all ears.

Guess what? There are grants for your contributions!

tempusfinance.notion.site/Raft-Grants-7e…
Coming very soon: One-Step Leverage! πŸ”₯

Imagine gaining up to 11x leverage on your $stETH in a single transaction.

Sounds impossible? Not on Raft.

raft.fi/one-step-lever…

#LSDFi season full steam πŸš‚
$R you ready to jump on board? πŸš£β€β™‚οΈ

The future of Raft is all about making $R the go-to stablecoin in the #DeFi ecosystem.

Join us and start generating $R today!

app.raft.fi
Feedback makes us better! πŸ’¬

Got thoughts, ideas, or suggestions?

Reach out on our Discord server. Together, we can create the ultimate DeFi experience.

πŸ‘‰ Discord: discord.com/invite/raft-fi
πŸ”— Useful links:

🌐 Website: raft.fi
πŸš£β€β™‚οΈ Discord: discord.com/invite/raft-fi
🐦 Twitter: twitter.com/raft_fi
πŸ“£ Telegram Channel: t.me/raft_fi
πŸ’¬ Telegram Group: t.me/raft_chat

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More from @raft_fi

Jun 10
πŸ“’ Attention all #LSDFi enthusiasts!

In the past 5 days, we've seen over $31 million collected in TVL! πŸ’°

This 🧡 of concise guides will help you navigate through @MetaMask setup, staking $ETH on @LidoFinance, depositing $stETH on Raft, and more!

docs.raft.fi/guides
How to Install and Set Up @MetaMask Wallet

πŸ”Έ Visit metamask.io
πŸ”Έ Download MetaMask for your browser
πŸ”Έ Add to browser
πŸ”Έ Create a new wallet
πŸ”Έ Set a password
πŸ”Έ Backup secret recovery phrase
πŸ”Έ Confirm to access the interface
πŸ”Έ Send $ETH to your wallet
How to Stake $ETH on @LidoFinance and Get $stETH

πŸ”Έ Go to lido.finance
πŸ”Έ Connect your wallet (@MetaMask)
πŸ”Έ Stake your $ETH
πŸ”Έ Confirm the transaction
πŸ”Έ Wait for confirmation
πŸ”Έ Receive $stETH in your wallet
πŸ”Έ Wrap $stETH (optional)
Read 14 tweets
Jun 5
$R You Ready?

Raft is Live! πŸš€

🧡 Image
Raft is redefining #DeFi by offering $stETH holders a unique opportunity to generate $R, the ultimate decentralized USD stablecoin.

Try it now:

app.raft.fi

Keep scrolling to learn how to generate $R while earning staking rewards on your $stETH collateral. πŸ‘‡
TL;DR: What is $R?

$R draws inspiration from stablecoins like $DAI and $LUSD but distinguishes itself with improvements:

βœ… Solely backed by $stETH – a more capital-efficient approach to lending/borrowing

βœ… More efficient liquidation mechanism

⏬
Read 17 tweets
Mar 22
Discover R: The capital-efficient USD stablecoin powered by $stETH.

Jump on board! πŸš£β€β™‚οΈ
R is the first USD-pegged stablecoin on #Ethereum backed solely by @LidoFinance Staked Ether (stETH).

R maintains a value of 1 USD through a mix of Hard Peg and Soft Peg mechanisms πŸ’΅

Keep scrolling to learn more about R 🧡
βš–οΈ Hard Peg

R relies on arbitrage opportunities and two mechanisms, redemptions, and over-collateralization, to maintain its price between 1 USD and 1.10 USD.

Let’s explore those two mechanisms below πŸ‘‡
Read 12 tweets
Mar 21
The recent Credit Suisse / UBS drama again highlights that traditional finance governance is fiction. Here's why: Image
The Swiss National Bank changed the law on the fly for the deal to go through, bypassing Credit Suisse shareholders' approval.

Raft, on the other hand, is managed by immutable contracts and minimal governance.
πŸ’Έ Credit Suisse equity holders received consideration, but AT1 holders saw their bonds written off to zero.

Raft ensures no one can affect R holders' yield, and risk management is outside of governance scope. Image
Read 4 tweets
Mar 20
Unlocking stability with Raft: Powered by Lido Staked Ether.

Jump on board! πŸš£β€β™‚οΈ Image
Raft is an immutable, decentralized lending protocol that allows people to take out stablecoin loans against one of the most sustainably productive collateral assets, @LidoFinance $stETH.

Scroll for the TL;DR.

You can also read the full announcement:

mirror.xyz/0xa486d3a7679D…
Why Raft?

The world needs a safe, decentralized stablecoin that can't be stopped, enabling billions to store value pegged to USD.

Recent events like the FTX collapse and the USDC depeg have shown the world the benefits of self-custody and censorship resistance. Image
Read 18 tweets

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