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ENTITY
FRAX Token (FRAX CURNCY)
FRAX Token (FRAX CURNCY)
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Analysis
Financials • United States
The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.
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