Frax is the first stablecoin with an end goal of fully algorithmic mechanism that seeks to achieve this goal by beginning fully collateralized and slowly removing the collateral through on-chain smart contracts as long as the price remains stable at $1.
Location: Cayman Islands
Investors 11
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Mentions in press and media 9
| Date | Title | Description | Source |
| 04.04.2024 | Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance ... | Frax Finance partners with Noble to bring FRAX and sFRAX tokens from Ethereum to the Cosmos ecosyste... | coindesk.c... |
| 22.03.2024 | Frax Finance Targets $100B Value Locked in Singularity Roadm... | Frax’s singularity roadmap sets a target of $100 billion in TVL for its layer 2 Fraxtal and plans to... | coindesk.c... |
| 06.03.2024 | Uniswap's UNI Gains 20% as Token Reward Proposal Inches Clos... | Uniswap's UNI gained 20% as a governance proposal to distribute protocol revenues among token holder... | coindesk.c... |
| 01.11.2023 | The Protocol: Celestia Airdrop Gets Crypto Users Asking Abou... | For the editor of a blockchain tech newsletter, it's always nice (for readership) when there's a sma... | coindesk.c... |
| 27.09.2023 | Стейблкоины. Как привязывают и почему не отвязывается!?... | Всем привет! Я расскажу про то, какие стейблкоины бывают, на какие категории их можно разделить, как... | habr.com/r... |
| 17.01.2023 | Тренды крипты на 2023 год | Мой блог о трейдинге — https://t.me/cryptonorow 0 Обсудить 6 просмотров Я задал этот вопрос в Twitte... | vc.ru/u/13... |
| 09.12.2021 | Frax Finance Launches Frax Price Index on Partisia Blockchai... | Contents New inflation metric launches on blockchainWhere MPC meets DLT: What is Partisia Blockchain... | u.today/fr... |
| 10.08.2021 | FRAX Secures Strategic Backing From Crypto.com Capital | FRAX, the world’s first fractional algorithmic stablecoin, announced a new strategic investor in its... | aithority.... |
| 06.07.2021 | The Quest for a Truly Decentralized Stablecoin | The cryptocurrency industry won't stop trying to make a purely algorithmic stablecoin work. To under... | coindesk.c... |