❌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.
xRA is not a replacement for RA. Users still earn RA emissions, rebases, and other sources.