DescriptionR is the most capital-efficient USD stablecoin backed by high-quality collateral assets such as stETH (Lido Staked Ether) and rETH (Rocket Pool ETH) and reserve assets such as CHAI, the yield-bearing version of the DAI stablecoin.

Category:crypto-backed

Minting and RedemptionUsers can deposit any accepted collateral asset of their choice to generate R, and enjoy capital-efficient borrowing.