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

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

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Frax Price Index Share (FPIS) news

Frax Price Index Share

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Frax Price Index

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Stablecoin protocol @fraxfinance plans to deploy $20M of collateral into US Treasuries after a successful community vote🗳️

Frax will utilize @centrifuge Prime to facilitate its investment.

Read more:
https://t.co/LbB6m1Pc5T

Stablecoin protocol @fraxfinance plans to deploy $20M of collateral into US Treasuries after a successful community vote.