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

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Frax Finance (¤, ¤) 🦇🔊

Borrowable Asset: #FXS 

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@fraxfinance is a fractional-algorithmic-based stablecoin system, open-source, non-restrictive, and runs solely on the #blockchain https://t.co/cltf4bTp3w

RT @gate_io: Borrowable Asset: #FXS. Trade in Isolated Margin. Join our TG for more #Giveaways.