Glossary

Concepts and governance-related terms

Money God Altar: The Money God Altar, is an open-source smart contract to facilitate incentive alignment between the HAI and RAI communities.

KITE: The KITE token is an ERC-20 governance token that enables holders to participate in HAI Governance.

HAI: HAI is a new multi-collateral fork of RAI deployed on Optimism with the goal of advancing RAI's cause and expanding the ecosystem of controlled peg stablecoins.

RAI: RAI is a non-pegged, stable asset solely collateralized by ETH.

Optimism: The Optimism protocol is a Layer2 protocol that is intended to help Ethereum users speed up and pay fewer fees for transactions made on the Ethereum network.

GEB framework: GEB is a framework for deploying systems that can issue stablecoins.

HIP: HAI Improvement Proposal

RFS HIP: Really fucking serious HAI Improvement Proposal

On-chain: Transactions that occur on a blockchain.

Temperature Check: An informal review process designed to stress-test community support of a proposal (on discourse) before submitting live with Tally.

Discourse: Discourse is an open-source Internet forum system used by the HAI ecosystem.

Discord: Discourse is an open-source Internet forum system used by the HAI ecosystem.

Tally: Tally is a plug-and-play UI and API for standard DAO governance contracts, used by the HAI ecosystem. Provided by Tally.xyz.