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What is Reflexer?
Reflexer is a non-custodial stablecoin protocol built on Ethereum. Reflexer was founded by Ameen Soleimani & Stefan Ionescu and launched in 2020.How does Reflexer work?
Overcollateralized borrowers deposit funds into Reflexer and receive RAI stablecoin.Who governs Reflexer?
FLX tokenholders own and govern the protocol. They currently collect the total interest paid by borrowers (revenue). Reflexer’s investors include Paradigm, Variant Fund, Pantera Capital, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.