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.

https://layer3.xyz/streaks/mint-on-paragraph

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.

https://layer3.xyz/streaks/mint-on-paragraph