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

Today, December 20th, Frax Protocol turns 2 years old! 🥳

Happy birthday to $FRAX &amp; the community that’s made these 2 years so successful and special 🎉🎂

Per $FXS yearly halvening schedule, the total emissions have now been halved thus increasing FXS scarcity.💪

Today, December 20th, Frax Protocol turns 2 years old.