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

The Defiant

Frax Finance (¤, ¤) 🦇🔊

RT @DefiantNews: Buoyed by the fast growth of its lending and liquid staking businesses, stablecoin issuer @fraxfinance is on a tear to sta…

Buoyed by the fast growth of its lending and liquid staking businesses, stablecoin issuer @fraxfinance is on a tear to start the new year 🚀

With a market cap of $749M, its governance token $FXS has almost tripled this year and is the best-performing token since mid-November. https://t.co/C4DgNcKriA