The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an end to the algorithmic backing of the ...

The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble.

Frax Finance's core team is considering a proposal to share protocol revenue with stakers of its veFXS token. It will be up to the community to approve the proposal, Frax's CEO said. If submitted ...

The community of Frax Finance, a decentralized finance protocol with some $2 billion in total value locked, voted to fully collateralize the protocol’s native stablecoin frax (FRX), according to ...

The Frax Finance community vote to adopt BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as a reserve asset for the proposed stablecoin Frax USD (frxUSD) has gone live. Opened on Dec ...

Securitize, the real-world asset tokenization platform behind BlackRock’s BUIDL fund, is seeking Frax Finance community approval to adopt the tokenized US treasuries fund as collateral for the ...

Frax's singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal. By Omkar Godbole |Edited by Parikshit Mishra UpdatedMar 22, 2024, 6:09 p.m. PublishedMar 22, 2024, 6:13 a.m.

According to Curve Finance data, the new Curve-based liquidity pool held $44.9 million worth of liquidity as of 10:45 am UTC, with $30.6 million worth of FRAX coins and $14.6 million worth of the ...

Frax Price Index Share is a global digital currency exchange offering cryptocurrency trading, advanced tools, and staking options for beginners and experts alike. Read more about this exchange on ...

Frax Finance is a full-fledged DeFi ecosystem offering stablecoins, liquidity staking on Ethereum, a layer 2 platform, and lending markets. Frax's other tokens, Frax Price Index (FPI) and frxETH may ...