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

DefiLlama.com

RT @DefiLlama: FraxETH grew by 46.33% over the past month and now has over 100k ETH tokens locked https://t.co/5NxhKnTHUt

FraxETH grew by 46.33% over the past month and now has over 100k ETH tokens locked https://t.co/5NxhKnTHUt

RT @DefiLlama: FraxETH grew by 46. 33% over the past month and now has over 100k ETH tokens locked.