1/10 Let's dive into how the @fraxfinance project works.
24 Dec 2023, 00:18
1/10 🧵 Let's dive into how the @fraxfinance project works! (¤.¤)
The goal of the Frax project is to maintain a stable value of $1 for #FRAX. It's backed by a dynamic mix of other digital assets including #USDC, and its own governance token, #FXS.
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24 Dec 2023, 00:18
10/10 (¤.¤) That's all for this thread! Follow us to learn more about Frax, stablecoins, and other trending DeFi topics!
⚠️ DISCLAIMER: Not financial advice. For educational purposes only. Past performance is not indicative of future results. Please DYOR!
10/10 (¤. ¤) That's all for this thread. Follow us to learn more about Frax, stablecoins, and other trending DeFi topics.
10/10 (¤.¤) That's all for this thread! Follow us to learn more about Frax, stablecoins, and other trending DeFi topics!
⚠️ DISCLAIMER: Not financial advice. For educational purposes only. Past performance is not indicative of future results. Please DYOR!
24 Dec 2023, 00:18
9/10 (¤.¤) Other Frax innovations:
Fraxchain (coming soon in 2024):
Frax BAMM:
#frxETH (Frax Ether) and #sfrxETH (Staked Frax Ether):
#sFRAX, created when FRAX is staked in the Frax protocol:…
9/10 (¤. ¤) Other Frax innovations:. Fraxchain (coming soon in 2024):. Frax BAMM:.
9/10 (¤.¤) Other Frax innovations:
Fraxchain (coming soon in 2024): https://t.co/SwFT2wkITq
Frax BAMM: https://t.co/PhhTPT0iw6
#frxETH (Frax Ether) and #sfrxETH (Staked Frax Ether): https://t.co/UYr5NIwN0B
#sFRAX, created when FRAX is staked in the Frax protocol:…