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

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Frax Price Index Share

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Frax Price Index

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Frax Staked Ether

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We're diving deeper w/ our frens @fraxfinance 🛠

OETH now supports Frax's frxETH/ETH price oracle, enhancing the protocol's security and mitigating arbitrage risk.

Stay tuned for more OGV DAO proposals –– talks of a co-incentivized frxETH-OETH pool are brewing in our discord!…

We're diving deeper w/ our frens @fraxfinance.