Frax Protocol is the world's first fractional-algorithmic stablecoin, which means a cryptocurrency partially backed by collateral and partially stabilized algorithmically. Frax protocol is developed on the Ethereum blockchain and is permissionless, o...Morepen-source, and on-chain. Frax Protocol aims to provide a decentralized algorithmic currency that can substitute fixed-supply cryptocurrencies such as BTC.
A quick snapshot of Frax ROI (return on investment) over different time periods.
A successful project is based on a foundation of a well experienced team. Take a closer look into Frax's team.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to firstname.lastname@example.org.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
Project announcements and news have a significant impact on the price. Below are live updates from Frax's Twitter and Reddit accounts.
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