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

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Frax Price Index

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Frax Staked Ether

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A🧵to explain the set up of this new $crvUSD/ $fFRAX pool in the midst of @CurveFinance ’s biggest potential crisis

TLDR: the objective is to decrease CRV/FRAX lending pair utilization rate (UR) & interests charged on him by Fraxlend

But why Fraxlend specifically?
👇👇

Ato explain the set up of this new $crvUSD/ $fFRAX pool in the midst of @CurveFinance 's biggest potential crisis.