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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Solidity implementation of the Frax Protocol. Contribute to FraxFinance/frax-solidity development by creating an account on GitHub.

frax-solidity/src/hardhat/contracts/Fraxswap at master · FraxFinance/frax-solidity

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The Convex Curve FPIFRAX gauge is coming soon (Convex team is running tests). We are also hoping to release the post-audit FraxSwap code this week and scale it up. You can see some of the changes here (we updated it earlier today). Trail of Bits is just about done. Them and Shipyard looked over FraxSwap primarily, along with the FPIControllerPool code and some FraxLend items.

https://github.com/FraxFinance/frax-solidity/tree/master/src/hardhat/contracts/Fraxswap

veFPIS needs to be audited next, along with FraxLend

Lots of stuff going on. FPI/FPIS. FraxLend. FraxSwap. Routine FRAX operations. This week has been busy because of the Terra situation, but we are still plugging away