Frax is a fractional-algorithmic stablecoin, partially secured by collateral, partially algorithmically stabilized. Stablecoin is fully managed by the community.

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Frax

The Frax protocol is the first stablecoin system with a fractional algorithmic system. It has an open-source code that does not require permission and is linked to a chain. Implemented on Ethereum.

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Frax Share

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Frax Finance - Frax Ether

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Frax Price Index Share

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Frax Price Index

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Frax Staked Ether

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⛓️ FRAXCHAIN NEWS ⛓️

The core team mentioned that "this yield thing" isn't even in the top 3 most exciting/unique things about #Fraxchain 👀

@fraxfinance out here revolutionizing what it means to be an L2 w/ Fraxchain 🦅

FRAXCHAIN NEWS.