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

Winter Soldier 👾💎🌿

Frax Finance (¤, ¤) 🦇🔊

RT @WinterSoldierxz: 1/ @fraxfinance’s staked $ETH performance has been nothing short of spectacular in the past 30 days.

~500% TVL growth…

Lido

1/ @fraxfinance’s staked $ETH performance has been nothing short of spectacular in the past 30 days.

~500% TVL growth. 9.3% APR (vs 3% on @LidoFinance). All this during one of the worst months in crypto history.

Here’s how they did it.

#FraxFinance #LiquidStaking #Ethereum

RT @WinterSoldierxz: 1/ @fraxfinance's staked $ETH performance has been nothing short of spectacular in the past 30 days.