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

Concentrator

RT @0xconcentrator: Just in time for the holidays, afrxETH is here! With a shiny new Concentrator UI!

afrxETH comes with a twist... Severa…

Just in time for the holidays, afrxETH is here! With a shiny new Concentrator UI!

afrxETH comes with a twist... Several community frens suggested staking frxETH-ETH w/Frax for more yield. Great idea, so we did!

afrxETH kicks off at ~8% APY!

But there is an important caveat!🧵 https://t.co/5czbyN3oYv

RT @0xconcentrator: Just in time for the holidays, afrxETH is here. With a shiny new Concentrator UI.