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$0.996146

-$0.003854 (-0.39%)

Ano passado

  • Volume (24h)

    --


  • Oferta em circulação

    649.4M


  • Capitalização de mercado

    $648.9M


About Frax (FRAX)

Frax Finance is a decentralized lending platform which issues the FRAX stablecoin. Frax Finance algorithmically sustains the value of FRAX through the use of fractional collateral reserves. The collateral used on Frax Finance is split between an accepted collateral (e.g. ether) and Frax Finance’s governance token, FXS. The collateralization ratio for FRAX changes based on its price.

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Frax links and resources

Frax Finance whitepaper

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Frax Finance website

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Learn more about FRAX on cryptopedia

Criptopédia do Ether