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

BLOCKCRUNCH 🧭

RT @theBlockcrunch: $FRAX and other Liquid Staking Derivative (LSD) platforms have been taking off lately

But unlike the rest, @fraxfinanc…

Frax Finance (¤, ¤) 🦇🔊

Sam Kazemian (¤, ¤)

$FRAX and other Liquid Staking Derivative (LSD) platforms have been taking off lately

But unlike the rest, @fraxfinance has 2 tokens (frxETH &amp; sfrxETH) instead of 1

Listen to @samkazemian explain why this is so, and why Frax ETH is bigger than just an LSD https://t.co/bMd2B1MKXF

RT @theBlockcrunch: $FRAX and other Liquid Staking Derivative (LSD) platforms have been taking off lately.