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#RAI RAI Algorithmic Stablecoin is currently priced at 5.4 dollars, with the option for three times leverage short. Although the volume is not high, it is bold enough to short, and a good stop loss should be below 10. This is completely a free money opportunity! It has already premium above 1 dollar.
When the market price of RAI remains above the redemption price, the redemption rate will turn negative. A negative redemption rate will lower the redemption price, which means users can borrow more RAI with the same ETH collateral (increased borrowing capacity, thus incentivizing users to mint and sell RAI. The core mechanism returning to 1 dollar is inevitable! It's like giving away money.