Tag: Fraxs
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed [...]
Fractional-Algorithmic Stablecoin Protocol Frax’s Governance Token FXS Surges 80% on Supply Squeeze
While bitcoin and the broader crypto market appear to be in stasis at press time, FXS, a governance token of a lesser-known fractional algorithmic [...]
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