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

Frax Price Index (FPI) news

Frax Price Index

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Frax Staked Ether

$fETH and $xETH pools courtesy of our sister @protocol_fx

$fETH+FRAXBP from @fraxfinance comes out swinging with a huge starting APR, begging for deposits!

@CurveFinance $crvUSD already with >$70k and holding > 10%

And how about 47% yield for holding some *leveraged* ETH?! 🤩

Twitter

Using the FULL power of the flywheel to build liquidity!

@CurveFinance + @ConvexFinance + @fraxfinance + @0xconcentrator ... the gang's all here!

Using the FULL power of the flywheel to build liquidity. @CurveFinance + @ConvexFinance + @fraxfinance + @0xconcentrator .