Tag: Frax
Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble
The expansion to the Cosmos ecosystem, an interoperability network, is expected to boost the adoption of FRAX and sFRAX in diverse applications, inclu [...]
Frax Finance Targets $100B TVL in Singularity Roadmap
The road map proposed launching 23 layer 3s within a year and new assets like frxNEAR, frxTIA and frxMETIS. The existing assets, FRAX, sFRAX, frxETH, [...]
Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
Last week, Uniswap proposed rewarding UNI token holders who stake and delegate their staked tokens with a portion of the DEX's fee earnings. UNI is th [...]
Frax Finance to Debut Its Ethereum Layer 2 in February: Founder
The new offering will add to Frax’s existing product suite, which comprises FRAX, a fully collateralized algorithmic stablecoin, a lending platform, a [...]
Frax Finance Says its Domain Name Has Been Hijacked
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Frax Finance's Fed Yield-Matching Staking Vault Attracts $30M, FXS Steady
Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S.
www.coindesk.com [...]
Ether (ETH) Stakers Flee Crypto Exchange Binance, Coinbase as Rocket Pool, Frax Finance Gain Deposits
Regulatory risks and aversion to centralized crypto platforms after last year’s bankruptcies are likely among the reasons that drive investors to dece [...]
Frax Finance to retire algorithmic backing amid stablecoin crackdown
The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an [...]
Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.
www.coindesk.com [...]
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
The United States Securities and Exchange Commission (SEC) is ramping up pressure on the crypto sector. On Feb. 9, the SEC reached a $30 million settl [...]
DeFi Service Frax Finance Gains Momentum Amid Ether Staking Narrative, FXS in Focus
The draw of capital into Frax’s ether pools has resulted in demand for FRAX and FXS tokens, with prices of the latter rising over 62% in the past week [...]
Stablecoin Issuer Frax Finance Unveils Ether Staking Service With a Dual Token Model
Called Frax Ether, the liquid staking system, went live on Oct. 13 in a soft community launch with an official announcement expected soon. The system [...]
Stablecoin projects need collaboration, not competition: Frax founder
Stablecoin projects need to take a more collaborative approach to grow each other’s liquidity and the ecosystem as a whole, says Sam Kazemian, the fou [...]
Frax, Terra-Backed 4pool Goes Live on Fantom Network, Attracts $31M
Frax is working on supporting Fantom projects interested in joining the yield pool, its founder confirmed.
www.coindesk.com [...]
Frax Stablecoin Backing to Feature Layer 1 Tokens, Real-World Loans
The move will facilitate more FRAX based transactions on those blockchains and create greater demand for their layer 1 tokens, Kazemian said. Layer 1, [...]