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

Blockworks Research

RT @blockworksres: The latest CPI reading came in at 6.4%, meaning that the money in your bank account can now purchase 6.4% less goods now…

Frax Finance (¤, ¤) 🦇🔊

The latest CPI reading came in at 6.4%, meaning that the money in your bank account can now purchase 6.4% less goods now than it could a year ago. What if you could protect yourself from inflation?

A deep dive into @fraxfinance's FPI stablecoin and FPIS governance token:

RT @blockworksres: The latest CPI reading came in at 6. 4%, meaning that the money in your bank account can now purchase 6.