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Difference between revisions of "Frax"
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Frax's end vision is to build the first crypto native version of the CPI called the Frax Price Index (FPI) governed by FXS holders (and other protocol tokens). FRAX is currently pegged to USD but aspires to become the first decentralized, permissionless native unit of account which holds standard of living stable. | Frax's end vision is to build the first crypto native version of the CPI called the Frax Price Index (FPI) governed by FXS holders (and other protocol tokens). FRAX is currently pegged to USD but aspires to become the first decentralized, permissionless native unit of account which holds standard of living stable. | ||
== | == External Links == | ||
How does Frax work: https://twitter.com/billionxdev/status/1513499763596922888 | How does Frax work: https://twitter.com/billionxdev/status/1513499763596922888 | ||
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A Note on Cryptocurrency Stabilisation: Seigniorage Share - Robert Sams: https://blog.bitmex.com/wp-content/uploads/2018/06/A-Note-on-Cryptocurrency-Stabilisation-Seigniorage-Shares.pdf | A Note on Cryptocurrency Stabilisation: Seigniorage Share - Robert Sams: https://blog.bitmex.com/wp-content/uploads/2018/06/A-Note-on-Cryptocurrency-Stabilisation-Seigniorage-Shares.pdf | ||
== References == | |||