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.

Same news in other sources

Stably USDUSDS #1714

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.

Stably USDUSDS #1714

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:…