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

Frax Price Index Share (FPIS) news

Frax Price Index Share

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Frax Price Index

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Frax Staked Ether

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$FXS - $USDT | One of the best Beta plays to ETH. 

Started a Spot bag for @Fraxfinance

LSD narrative giant but it's much more than that.

$frxETH TVL - $596m
FraxLend TVL - $246m
FraxSwap TVL - $158m

If you think $ETH runs to $10k this would $500

#FXS #FXSUSDT

$FXS - $USDT | One of the best Beta plays to ETH. Started a Spot bag for @Fraxfinance.