Frax Finance
frax.com
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Overview
Frax Finance develops a stablecoin ecosystem including the frxUSD dollar token, liquid staking products and its own blockchain. It pioneered the fractional-algorithmic stablecoin design before moving to fully collateralised reserves. The project now spans lending, staking and an application-specific network built around its stable assets.
News
Frax Partners With Securitize on New Stablecoin
Frax Finance launched a stablecoin, frxUSD, that will leverage BlackRock's USD Institutional Digital Liquidity Fund tokenized by Securitize.
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Frax Finance Eyes Blackrock's BUIDL Token as Next-Gen Reserve Asset
The Frax Finance community is weighing the addition of Blackrock's BUIDL token as a reserve backing asset.
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Frax Finance Launches Frax Name Service for Decentralized Identity Management
Frax Finance has launched the Frax Name Service, a decentralized identity service that allows users to register names on the Frax blockchain.
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