Frax is a fractional-algorithmic stablecoin, partially secured by collateral, partially algorithmically stabilized. Stablecoin is fully managed by the community.

Frax news today, FRAX crypto latest news of token ticker

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.

FXS news today, Frax Share crypto latest news of token ticker

Frax Share

Sn/Fr-axgener 200x

Frax Finance (¤, ¤) 🦇🔊

RT @napgener: As we enter the $FXS bull run:
You know whats great about @fraxfinance?

If eth goes up, steth yield are based in eth, they s…

As we enter the $FXS bull run:
You know whats great about @fraxfinance?

If eth goes up, steth yield are based in eth, they stay the same

if fxs, crv, or cvx goes up it strengthens peg and flywheels new staked eth locks

if eth goes down - yield falls *worst case* to steth yield

RT @napgener: As we enter the $FXS bull run:. You know whats great about @fraxfinance.