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

Jason Hitchcock

Frax Finance (¤, ¤) 🦇🔊

RT @JasonHitchcock: 8% yield for staking ETH on @fraxfinance is crazy in this bear market

We're starting to see what happens when you domi…

Curve Finance

Convex Finance

8% yield for staking ETH on @fraxfinance is crazy in this bear market

We're starting to see what happens when you dominate the @CurveFinance and @ConvexFinance flywheel and use the rewards to enhance your products https://t.co/BC6pyijzPx

Here's an overview of the staking yield associated with the LSD's

No wonder @fraxfinance has seen such a large increase in TVL.

* APR when running your own node on Rocket pool https://t.co/hMOvguDZjx

RT @JasonHitchcock: 8% yield for staking ETH on @fraxfinance is crazy in this bear market.