This proposal advocates for integrating the RAI protocol by adding the Reflexer Connector to the DSA Connector contracts. This would allow DeFi Smart Accounts to interact with the RAI protocol.
RAI is a non-pegged stable asset and automated credit facility which recently implemented self-repaying loans. RAI can only be borrowed against ETH.
Reflexer built the necessary connector contracts so that RAI can be integrated in the Instadapp protocol. The Instadapp team also reviewed the code.
The Instadapp community would benefit from RAI self-repaying loans as well as the option to protect positions from liquidations, thus offering borrowers greater capital efficiency.
This vote includes non-critical code changes and will be voted off-chain by the community.
The Reflexer Connector is added to the DSA Connectors master allowing it to be used with any DeFi Smart Account.