Cryptocurrency profile · RAIN
Rain
$0.01705 USD
- Market cap rank
- 13
- Market cap
- 11,668,010,853
- Circulating supply
- 709,200,343,540
- Max supply
- 1,150,000,000,000
About Rain
Rain is a decentralized options protocol built on the Arbitrum network. It provides a permissionless framework for creating and trading custom prediction and options markets. Public markets are resolved using Olympus AI's oracle agent, while private markets allow creators to act as resolvers. The protocol supports secondary trading and account abstraction for a smoother user experience. It features a deflationary token model where 2.5% of trading volume is used to buy and burn the $RAIN token. Governance is carried out by token holders through a DAO.
- Rain is built on Arbitrum, a layer-2 scaling solution for Ethereum.
- Public market resolution is automated via Olympus AI's oracle agent.
- Private markets allow creators to act as resolvers, offering flexibility.
- The protocol implements a deflationary mechanism by burning 2.5% of trading volume.
- Governance is managed by token holders through a decentralized autonomous organization (DAO).
Local market
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