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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Frax Finance - Frax Ether

Frax Price Index Share (FPIS) news

Frax Price Index Share

Frax Price Index (FPI) news

Frax Price Index

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Frax Staked Ether

Twitter

#Umee is on the path to becoming the go-to #DeFi hub for the #CosmosEcosystem, one listed asset at a time. 🐙

Soon we hope to list $sfrxETH, for its potential for connecting us and the #Cosmos to the greater crypto space. 🚀

Here's a thread to explain why. 🧵

#Umee is on the path to becoming the go-to #DeFi hub for the #CosmosEcosystem, one listed asset at a time.