FRAX and FRAX Shares (FXS) - V1. Deflationary shares for the fractionally algorithmic system
17 Jun 2022 6 minute read 0 comments DrRice
What is it? Frax is the first fractional-algorithmic stablecoin protocol. What the fudge does that mean? The name Frax refers to the fractional-algorithmic stability mechanism. Frax's supply is partially backed by collateral, the remainder of the sup...