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

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Frax Finance (¤, ¤) 🦇🔊

RT @DeFi_Dad: Probably time to add sfrxETH by @fraxfinance to this tool at https://t.co/N2lMIGecZm given it's earning a higher yield than a…

Probably time to add sfrxETH by @fraxfinance to this tool at https://t.co/N2lMIGecZm given it's earning a higher yield than any other liquid staking token for ETH.

Currently ~8.16% APR 👌

RT @DeFi_Dad: Probably time to add sfrxETH by @fraxfinance to this tool at given it's earning a higher yield than a….