What is Rain?

Rain is a decentralized options protocol built on Arbitrum, allowing users to create and trade custom markets in a permissionless environment. The protocol includes public markets that utilize Olympus AI’s oracle agent for resolution, while private markets permit creators to act as resolvers. It supports secondary trading and features account abstraction to enhance user experience.

The native token, $RAIN, operates under a deflationary model, with 2.5% of trading volume allocated to buy and burn the token. Governance is conducted through a decentralized autonomous organization (DAO), ensuring that token holders have a say in protocol decisions.