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

Blockworks Research

RT @blockworksres: Governance tokens for liquid staking derivatives have been outperforming over the past few days:

- SWISE (+80%)
- LDO (…

Governance tokens for liquid staking derivatives have been outperforming over the past few days:

- SWISE (+80%)
- LDO (+31%)
- FXS (+13%)
- RPL (+9%)

Why? 🧵 by @0xpibblez

Twitter

RT @blockworksres: Governance tokens for liquid staking derivatives have been outperforming over the past few days:.

McKenna

RT @Crypto_McKenna: 1/ Overview of frxETH the liquid staking derivative of Frax Finance.

- Users deposit ETH to mint frxETH which represen…

1/ Overview of frxETH the liquid staking derivative of Frax Finance.

- Users deposit ETH to mint frxETH which represents the circulating ETH in Frax's LSD.

- frxETH holders have two options. Stake frxETH to recieve ETH inflation rewards or LP in the Curve frxETH&lt;&gt;ETH pool.

RT @Crypto_McKenna: 1/ Overview of frxETH the liquid staking derivative of Frax Finance.

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