Introduction to RaiseR

A Permissionless Credit Market For Everyone

What is 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.

Why was RaiseR created?

Borrow-Lend markets in crypto are limited by design; either they have privileged access, are over-collateralized and come with liquidation risks, or do not offer good actors the ability to consistently tap cheap credit.

RaiseR, which will be 100% owned and governed by the community, allows for open access to all whether they want to become a borrower, lender or trader. It allows anyone to create an issuance while offering lenders the choice to fund diverse opportunities based on the borrowers' credit profiles. Moreover, traders will be able to tap into secondary markets for all successful issuances.

What is the $RZR token?

$RZR is the fuel of RaiseR. As a gas token, it is required to be paid as a fee (burned) in transactions. Moreover, it will be required for participating in governance via veRZR. More information on the tokenomics of $RZR can be found here.