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There's an interesting crypto protocol called Reflexer[1] that uses a PID loop to alter interest rates and incentives to maintain the stability of a stablecoin/debt coupon called Rai.

This allows the asset to remain relatively stable[2] in response to actual market forces. At the time of posting there are over $35m worth of Rai in circulation[3].

[1]: https://reflexer.finance/faq

[2]: https://stats.reflexer.finance/

[3]: https://coinmarketcap.com/currencies/rai/




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