Frax Finance: What is Frax and Why It is in the Spotlight in 2024? | Headlines | News | CoinMarketCap

01/25/2024 07:08
Frax Finance: What is Frax and Why It is in the Spotlight in 2024? | Headlines | News | CoinMarketCap

1 Users can redeem FRAX tokens for $1 at any time using a unique collateral process. 2 Frax v1 relies on fully on-chain oracles that include Uniswap and Chainlink to provide its services. Algorithmic stablecoins such as AMPL, MIC, DSD, ESD, and FRAX are becoming increasingly popu...

Frax Finance: What is Frax and Why It is in the Spotlight in 2024?

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🗳 Fact/FUD

The Coin Republican hour ago

UniswapUniswap

FortuneFortune

USDCUSDC

ChainlinkChainlink

FraxFrax

Published on January 24, 2024 23:09 GMT+00:00edited on January 24, 2024 23:54 GMT+00:00

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