RZR

RaiseR price 
RZR

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Self-reported circulating supply
 
650,000,000 RZR
65.00%
Total supply
 
650,000,000 RZR
Max. supply
 
1,000,000,000 RZR


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About RaiseR

RaiseR is a market for permissionless credit issuance and secondary market liquidity (RaiDEX). Anyone is able to borrow capital, without necessarily posting collateral, by relying on their on-chain creditworthiness.

Lenders are able to assess the quality of borrowers through on-chain credit scoring, and by participating in the borrowers’ communities, creating channels of accountability.

RaiseR tokenizes each borrow, creating a zero-coupon bond market, allowing lenders to tap liquidity prior to maturity, and providing speculators the ability to participate in a true credit market.

The RaiseR Token, RZR, is the fuel of the platform. It is burned as a fee in every transaction. This includes the creation of issuances, as well as funding any issuances or trading on RaiDEX, and serves as an anti-spamming barrier. It is also required to acquire veRZR, the platform's governance token.