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 Price Index

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In $CRV loan incident, @fraxfinance ’s Fraxlend is the MVP among all lending protocols, as its debt has been prioritized in repayment schedule, with unique designs for risk management  

Features TLDR: 
1. Isolated lending pools: bad debts can be compartmentalized and isolated to…

In $CRV loan incident, @fraxfinance 's Fraxlend is the MVP among all lending protocols, as its debt has been prioritized in repa