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

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The FRAX/IQ farm has been unlocked per https://snapshot.org/#/frax.eth/proposal/0xd988da5727eb67b626e736d38d4c035a743e1a5398653afa16f1b12215731960. Please withdraw by May 30th. The reward rate will go to 0 thereafter.

The FRAX/IQ farm has been unlocked per Please withdraw by May 30th. The reward rate will go to 0 thereafter.