$FRAX

FRAX

0.8386

-34.87%

Finance is a decentralized stablecoin protocol that employs a unique fractional-algorithmic model, maintaining its $1 peg through a dynamic balance of crypto-asset collateral and algorithmic supply adjustments managed by its governance token, Frax Share (FXS).

Analysis Summary:

Frax stands out in the DeFi space as the first "hybrid" stablecoin, combining the robustness of fully collateralized assets (like USDC) with the capital efficiency of algorithmic systems, creating a highly resilient and scalable monetary protocol.

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