Explaining RAC.Explaining Risk Adjusted Coin. A risk weighted crypto index.
Learn how RAC is constructed, how governance shapes the basket, how rebalances are executed, and how the protocol approaches security. Start with the overview, then read each layer in sequence.
Watch the explainer
A walkthrough of how RAC's algorithm constructs the portfolio, manages cash, and how the veto system works.
Chapter 01
Introduction
A high-level overview of RAC — a risk-adjusted crypto index — how its layers fit together, and where to start.
Chapter 02
The Algorithm
How the risk adjusted index evaluates expected return, volatility, correlation, and USD allocation.
Chapter 03
The Veto System
How RAC holders can veto exposures, delegate voting power, and align governance incentives.
Chapter 04
Trade Execution
How the protocol converts target allocations into orderly, observable portfolio transitions.
Chapter 05
Security
How Adjusted approaches protocol and wallet security.
Chapter 06
Fees & Economics
Transaction fees, yield strategy, and how the protocol sustains itself.
Chapter 07
Risk & FAQ
What risk-adjusted means, time horizons, tax considerations, and common questions.
Chapter 08
Legal
Legal agreements and disclosures governing the use of Adjusted Finance.