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

Nansen Alphα 🧭

RT @nansen_alpha: 1/ Today, over 16.4m ETH has been deposited into the Beacon Chain staking contract, with Lido leading the LSD market shar…

Frax Finance (¤, ¤) 🦇🔊

1/ Today, over 16.4m ETH has been deposited into the Beacon Chain staking contract, with Lido leading the LSD market share.

While @fraxfinance is a new entrant in the race, its innovative dual-token design has attracted over $121m in TVL within 3 months and continues to grow. https://t.co/TATrsJiWmT