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

Introduction This paper introduces a new type of automated market maker, or AMM, that helps traders on Ethereum efficiently execute large orders. We call it the time-weighted average market maker, or TWAMM

TWAMM - Paradigm

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Greeting community,
We are currently in the code review process for FPI and FraxSwap / TWAMM. The latter is based off of Paradigm's TWAMM (time-weighted average market maker) idea https://www.paradigm.xyz/2021/07/twamm and will be used both for helping stabilize the FPI peg, as well as efficiently performing the FXS1559 buybacks.

We welcome the community to investigate the code, it is still a work in progress:

FPI & FPIS
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPI.sol
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPIS.sol

FraxSwap / TWAMM
https://github.com/FraxFinance/frax-solidity/tree/master/src/hardhat/contracts/Uniswap_V2_TWAMM

FPIControllerAMO (used to stabilize the FPI peg to the CPI oracle)
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPIControllerAMO.sol

CPITrackerOracle
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/Oracle/CPITrackerOracle.sol

Greeting community,. We are currently in the code review process for FPI and FraxSwap / TWAMM.