1.Recently, Reflexer Labs is creating a new asset rai (RAI) designed to track slow etheric prices, providing DeFi with both price stability and decentralization. The generation of RAI is very similar to dai (DAI), that is, the user mortgaged the system asset Ethernet Square to borrow other encrypted assets. However, the RAI’s goal is to “redeem “(redemption rate) relative to its underlying assets and to a large extent eliminate volatility (no exact ratio is currently specified). Meanwhile, Reflexer Labs needs to deploy some kind of MakerDAO (MKR token) and have limited control to completely decentralize.
2.Bitcoin (BTC) rose 4% in the same period over the past 24 h (Aug.5th), with transactions in the range of $11,072-$11735. DeFi Lending Rates also showed an upward trend.
3.In China, Monthly salaries for block chain workers start at $2,865 on average in 2020, double last year’s $1,230, while the average monthly wage for people with more than three years of relevant experience in the blockchain space is set as $7,000 (according to Chainnews, quoting statistics from Zhaopin,).
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