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

Thor Hartvigsen

RT @ThorHartvigsen: ¤ Frax Finance has been crushing it lately🔮

And with their growing ecosystem of DeFi products, $FXS has a TON of upsid…

Frax Finance (¤, ¤) 🦇🔊

¤ Frax Finance has been crushing it lately🔮

And with their growing ecosystem of DeFi products, $FXS has a TON of upside in 2023.

Here are 5 reasons why @fraxfinance will be a central player in DeFi this year and how you should be taking advantage of this 🧵 1/19 https://t.co/epFMEgY4HF

RT @ThorHartvigsen: ¤ Frax Finance has been crushing it lately.