What is RAI Finance (SOFI)

1. Project Introduction
RAI Finance is a decentralized finance (DeFi) protocol designed to bring broader asset coverage, higher liquidity, and diversified financial use cases to the DeFi space. By integrating with the cross-chain capabilities of the Polkadot ecosystem, it aims to eliminate fragmentation in the current DeFi landscape by introducing new assets and boosting liquidity.
In summary, RAI Finance is a DeFi platform focused on enhancing cross-chain asset trading and social trading functionalities. It enables seamless asset transfers across different blockchains, while integrating social elements into its trading framework—allowing users to share strategies and insights. The platform offers automated trading, liquidity mining tools, and supports a wide range of assets with an emphasis on user-friendliness and security.
2. Team & Investment Info
Kevin Lee – A seasoned blockchain expert who has been instrumental in shaping RAI Finance's strategic direction.
Minkyu Cho – A software engineer with a strong background in blockchain integration, playing a key role in protocol development.
Sandy Liang – Specializes in financial markets and blockchain ecosystems, contributing significantly to the project's financial strategy and partnerships.
Funding: Raised $1.5M in a strategic round in October 2020 from Alphabet Digital Currency and GBIC.
3. Social Media URLs
X: https://x.com/RaiFinance
Telegram: https://t.me/RaiFinance
Medium: https://medium.com/rai-finance
4. Token Info
Token Symbol: SOFI
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xb49fa25978abf9a248b8212ab4b87277682301c0
Token Distribution:
No token allocation or vesting schedule has been publicly released.
5. Related Links
Official Website: https://rai.finance/
White Paper: https://rai.finance/RAI-Finance-WhitePaper.pdf
Other Info: https://docs.rai.finance/rai-finance