- Project Introduction.
Frax is the first fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and 12 other chains. 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. The Frax ecosystem has 2 stablecoins: FRAX (pegged to the US dollar) & FPI (pegged to the Consumer Price Index).
- Coin Info
- Token Name: Frax Share
- Token Symbol: FXS
- Token Type: ERC20
- Total Supply: 99,822,984 FXS
- Useful Links
- Official Website: https://frax.finance/
- Explorer: https://etherscan.io/token/0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0
- Whitepaper: https://docs.frax.finance/overview
- Twitter: https://twitter.com/fraxfinance
- Telegram: https://t.me/fraxfinance
