xRA [WIP]
Escrowed RA "xRA"
Last updated
Escrowed RA "xRA"
Last updated
What is xRA? xRA is a new solution developed by the RA team to address the sustainability challenge associated with the natural fluctuations in flywheel operations. It serves as a non-transferable representation of 1 unit of RA, securely stored within the xRA token smart contract. xRA provides users with several conversion options to both RA and veRA, each with unique penalties and vesting periods.