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

Messari

Frax Finance (¤, ¤) 🦇🔊

RT @MessariCrypto: .@fraxfinance is one of the largest holders of Convex Finance’s $CVX token, providing it with an outsized influence over…

Curve Finance

.@fraxfinance is one of the largest holders of Convex Finance’s $CVX token, providing it with an outsized influence over @CurveFinance's gauge system.

This influence has afforded users that choose to stake in the sfrxETH vault market-leading APR. https://t.co/yu0lYV0gmQ