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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The FRAX/SUSHI farm has been unlocked per https://snapshot.org/#/frax.eth/proposal/0x87f561014068e937dc49cd17e96774e19676a5cef6294e7d4974c5ae93643d9f. Please withdraw by May 30th. The reward rate / gauge vote will go to 0 thereafter.

The FRAX/SUSHI farm has been unlocked per Please withdraw by May 30th. The reward rate / gauge vote will go to 0 thereafter.