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

Frax Finance (¤, ¤) 🦇🔊

RT @0xconcentrator: The results are in! Concentratoors love @fraxfinance and have voted to kick off the autocompounding ETH party with $frx…

The results are in! Concentratoors love @fraxfinance and have voted to kick off the autocompounding ETH party with $frxETH

Watch Twitter for more details about this vault and to hear when it goes live!  Soon! https://t.co/bZxdO3NJOi

RT @0xconcentrator: The results are in.