Frax Finance and Inflation Rate: What is Frax Finance?
Frax Finance: Stablecoin hedging inflation, supporting a stable digital currency ecosystem.

Frax Finance: Stablecoin hedging inflation, supporting a stable digital currency ecosystem.
If you were to sit down and really think, it's almost as if regulatory scrutiny and the tribulations that they have faced has shaped the industry in some sense.
The primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
According to Lodestar, the attacker manipulated the price of the plvGLP token before using the inflated token to borrow all of the platform’s liquidity.
As long as stablecoin “liquidity is growing proportionally with each other," there won’t ever be true competition between stablecoins, says Frax Finance's Sam Kazemian.
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Decentralized finance is a revolutionary movement with aims to cut intermediaries and the expensive taxes that comes with making transactions. ...
After the UST thunderstorm, the decentralized stablecoin was hit hard across the board
The Decentralised Exchange (DEX) is the most secure way of trading or investing in cryptocurrencies. Being completely decentralised, you have ...
The address associated with the hack has managed to steal 206,809 BNB from Qubit’s QBridge protocol.