Frax is a fractional-algorithmic stablecoin, partially secured by collateral, partially algorithmically stabilized. Stablecoin is fully managed by the community.

Frax news today, FRAX crypto latest news of token ticker

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.

FXS news today, Frax Share crypto latest news of token ticker

Frax Share

Looks like Metronome accepts $FRAX and soon $frxETH as collateral 👀 great utility for FRAX users!🔥 https://t.co/AriGGkQQfv

1/ The Metronome Synth beta is now live! 🎉

Deposit collateral and generate synthetic assets today 👇
https://t.co/rw9KRd1JYc https://t.co/gidvC1oBnY

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Looks like Metronome accepts $FRAX and soon $frxETH as collateral 👀 great utility for FRAX users!🔥 https://t.co/AriGGkQQfv

1/ The Metronome Synth beta is now live! 🎉

Deposit collateral and generate synthetic assets today 👇
https://t.co/rw9KRd1JYc https://t.co/gidvC1oBnY

Looks like Metronome accepts $FRAX and soon $frxETH as collateral great utility for FRAX users.