What is Rain?

Rain is a decentralized options protocol established on the Arbitrum network, allowing users to create and trade custom markets in a permissionless environment. It integrates an oracle agent for public market resolutions and permits creators to resolve private markets. The protocol includes features such as secondary trading and account abstraction to enhance user experience.

Rain employs a deflationary token model, allocating 2.5% of trading volume for the buy-and-burn of its native token, $RAIN. Governance is managed by the token holders through a decentralized autonomous organization (DAO).