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

Alchemix

RT @AlchemixFi: The alUSD FRAXBP AMO is ready to launch!

Our protocol-controlled liquidity modules help with #alUSD liquidity and price st…

Frax Finance (¤, ¤) 🦇🔊

The alUSD FRAXBP AMO is ready to launch!

Our protocol-controlled liquidity modules help with #alUSD liquidity and price stability. This new #AMO marks the beginning of a deeper collaboration with @fraxfinance 

👉 Read more here - https://t.co/e3DefAcJG8 https://t.co/FXj3ESEa6H

RT @AlchemixFi: The alUSD FRAXBP AMO is ready to launch.