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

Delphi Digital

Frax Finance (¤, ¤) 🦇🔊

RT @Delphi_Digital: 1/ @fraxfinance has an ultimate vision to be "The Holy Trinity of DeFi":

🔹An exchange
🔹A lending market
🔹A protocol co…

1/ @fraxfinance has an ultimate vision to be "The Holy Trinity of DeFi":

🔹An exchange
🔹A lending market
🔹A protocol controlled stablecoin

Frax Finance: A simple breakdown ⬇️🧵
https://t.co/SuMO9VWtuS

RT @Delphi_Digital: 1/ @fraxfinance has an ultimate vision to be "The Holy Trinity of DeFi":. An exchange. A lending market.