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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Launch partner announcement: @fraxfinance 🚨

Sturdy V2 will aggregate Fraxlend's existing silos AND enable users to permissionlessly create Fraxlend-inspired silos with Frax-related assets as collateral

That's a lot of flywheels!

Fraximalists 🤝 Sturdy

Launch partner announcement: @fraxfinance.