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FRAXUSD Frax

1.01
0.00 (0.00%)
15:54:39 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Frax FRAXUSD Crypto 653,498,176 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  0.00 0.00% 1.01 0.97929 1.01
High Price Low Price Open Price Prev. Close 52 Week Range
1.01 0.00000000 - 0.00000000
Exchange Last Trade Size Trade Price Currency
UNSW 15:06:43 0.041268 1.00 USD
Price x Volume Volume Base Symbol Related Pairs
0.00000000 0.00000000 FRAX

Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

06/03/2023 6:45pm

Cointelegraph


The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.

...
Continue reading Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

The post Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment appeared first on CoinTelegraph.

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