RaDAO is a decentralized protocol based on the RA token – collateralized and backed by the Ra DAO. RA will be the reserve currency on BSC. In order to maintain price stability, RaDAO will use the Algorithmic Reserve Currency algorithm and will also be supported by other decentralized assets.

Similarly to Olympus, RA is backed by BUSD on BSC and other assets owned by the reserve treasury, and will function in a very similar way: when RA trades below BUSD, the protocol will buy back and burn RA, increasing its price to at least 1 BUSD. This means that RA will always be worth equal to, or more than BUSD. Ra DAO aims to become the de-facto reserve currency of the Binance Smart Chain network, one which is truly owned and maintained by a decentralized protocol that serves the majority. Our goal is for $RA to be a common trading pair that is backed by real assets.

There are two main strategies for investors: staking and bonding. Stakers stake their RA tokens in return for more RA tokens, while bonders provide LP or BUSD tokens in exchange for discounted RA tokens after a fixed vesting period.