Raft enables the generation of R, a leading decentralized USD stablecoin, by opening a CDP (collateralized debt position), or by depositing stablecoins into the Raft protocol reserve.

RAFT is the native token of the Raft ecosystem.

The RAFT token has two core functions: 

• Governance
• Staking

Token holders can provide liquidity in the Balancer pool and stake their Balancer liquidity pool tokens to get veRAFT. Holders of veRAFT can vote on key protocol decisions to drive the growth of Raft while earning RAFT token rewards.

The RAFT token total supply is 2.5 billion.