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

francesco

Frax Finance (¤, ¤) 🦇🔊

RT @francescoglt: Buckle up! @fraxfinance is increasing $FRAX Collateralization Ratio to 100%.

Why did they do it?
What is their vision?…

Buckle up! @fraxfinance is increasing $FRAX Collateralization Ratio to 100%.

Why did they do it?
What is their vision?

 🧵👇 https://t.co/7I5WJNu0Rq

RT @francescoglt: Buckle up. @fraxfinance is increasing $FRAX Collateralization Ratio to 100%. Why did they do it.