Reflex indexes for more stable collateral assets in DeFi
Quick Take
- Reflex indexes are meant to be a more stable representation of a collateral asset (e.g. ETH) without losing its trust-minimized properties
- Reflexer Labs raised $1.7 million in August led by Paradigm, with participation from Robert Leshner, Standard Crypto, and Variant Fund
- In October, Reflexer launched the initial and unaudited version of their protocol — this is now being shut down with a full mainnet launch expected in Q1 2021
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Author: Mika Honkasalo
