RAAC

RAAC receives a C risk grade (49/100) from Hindenrank, where lower scores indicate lower risk. RAAC is an ambitious protocol attempting to bridge physical asset ownership with DeFi lending. The novel approach to real estate and gold tokenization has significant potential but carries substantial execution risk. Pre-mainnet status, unproven liquidation mechanics for physical assets, and jurisdiction-dependent legal enforceability create elevated uncertainty. High-risk, high-potential profile. RAAC (Regnum Aurum Acquisition Corp) is a DeFi protocol that tokenizes real-world assets like real estate and gold, allowing them to be used as collateral for on-chain borrowing and lending. It uses NFTs to represent property ownership with legal rights and is building a commodity-backed stablecoin (pmUSD).

The key risks identified for RAAC are: (1) The protocol is still pre-mainnet — smart contracts have only been tested on testnet, meaning production bugs could affect your funds (2) Selling real estate collateral takes weeks or months, not seconds — liquidation may not work as quickly as in normal DeFi (3) Legal enforceability of property-backed NFTs is untested and varies by country

RAAC scores 49/100 across eight risk dimensions: Mechanism Novelty: 8/15, Interaction Severity: 10/20, Oracle Surface: 5/10, Documentation Gaps: 3/10, Track Record: 4/15, Scale Exposure: 5/10, Regulatory Risk: 8/10, Vitality Risk: 6/10. The highest risk area is Regulatory Risk at 8/10.

Among 73 rated RWA protocols on Hindenrank, RAAC ranks #65 by safety (lowest risk score = safest). Its 49/100 risk score and C grade place it among the riskier RWA protocols.

RAAC scores 4/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.