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Difference between revisions of "Frax"
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[[File:Frax.png|thumb|Frax Finance]] | [[File:Frax.png|thumb|Frax Finance]] | ||
Frax is a fractional-algorithmic stablecoin protocol. Frax is [[open source]], permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. | Frax is a fractional-algorithmic stablecoin protocol created by Frax Finance. Frax is [[open source]], permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. | ||
== History == | == History == | ||