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

DeFi Dave (Arc Arc) (¤,¤)

Sam Kazemian (¤, ¤)

RT @DeFiDave22: April 2022: @samkazemian announces at the first Fraximalist meetup that Frax is building an ETH LSD

Jan 2022: CT ablazed w…

Flywheel old account

April 2022: @samkazemian announces at the first Fraximalist meetup that Frax is building an ETH LSD

Jan 2022: CT ablazed with LSD mania. Threadoors tripping to get out content

November 2022: Sam declares Frax’s intent to get a Fed Master Account on @flywheelpod 

2023/2024: ???

RT @DeFiDave22: April 2022: @samkazemian announces at the first Fraximalist meetup that Frax is building an ETH LSD.