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FRAX is a crypto-collateralized and algorithmic stablecoin pegged to the US dollar.
FRAX maintains dollar peg with smart contracts and a fractional reserve of crypto assets held in collateral.
It uses a fractional reserve system and onchain algorithms to maintain stability, aiming for a more resilient DeFi solution.
FRAX is a crypto-collateralized and algorithmic stablecoin pegged to the US dollar.
FRAX maintains dollar peg with smart contracts and a fractional reserve of crypto assets held in collateral.
It uses a fractional reserve system and onchain algorithms to maintain stability, aiming for a more resilient DeFi solution.
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