White Paper Summary
Frax is a decentralized stablecoin protocol that combines algorithmic and collateralized elements to maintain a stable value, aiming to provide a scalable and decentralized alternative to traditional stablecoins.
Use Case
A digital dollar that stays stable in value, useful for online transactions.
Categories
Arbitrum Ecosystem, Aurora Ecosystem, Avalanche Ecosystem, BNB Chain Ecosystem, Boba Network Ecosystem, Decentralized Finance (DeFi), Ethereum Ecosystem, Evmos Ecosystem, Fantom Ecosystem, Fiat-backed Stablecoin, Harmony Ecosystem, Moonbeam Ecosystem, Moonriver Ecosystem, Optimism Ecosystem, Polygon Ecosystem, Polygon zkEVM Ecosystem, Seigniorage, Stablecoin Protocol, Stablecoins, USD Stablecoin
Token Metrics
White Paper Summary
Frax is a decentralized stablecoin protocol that combines algorithmic and collateralized elements to maintain a stable value, aiming to provide a scalable and decentralized alternative to traditional stablecoins.
Use Case
A digital dollar that stays stable in value, useful for online transactions.
Categories
Arbitrum Ecosystem, Aurora Ecosystem, Avalanche Ecosystem, BNB Chain Ecosystem, Boba Network Ecosystem, Decentralized Finance (DeFi), Ethereum Ecosystem, Evmos Ecosystem, Fantom Ecosystem, Fiat-backed Stablecoin, Harmony Ecosystem, Moonbeam Ecosystem, Moonriver Ecosystem, Optimism Ecosystem, Polygon Ecosystem, Polygon zkEVM Ecosystem, Seigniorage, Stablecoin Protocol, Stablecoins, USD Stablecoin
Token Metrics
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