Frax
Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.
Integrations
Fraxtal: Reshaping Society with Ambitious M2 Settlement Aspirations
Mon 4th Mar 2024
Fraxtal, described as the most egalitarian rollup launch in crypto, aims to achieve ambitious M2 settlement goals that could potentially reshape society. It is considered a significant player in settling important assets in the 21st century.
Frax Community Announcement on sfrxETH APY
Thu 7th Mar 2024
The current sfrxETH APY for staking enjoyers is over 5%, surpassing major LSDs like stETH at 3.6%.
Integration of Thirdweb tools with Fraxtal chain
Mon 11th Mar 2024
Thirdweb tools are now integrated with the S-tier Fraxtal chain, offering a fullstack suite of tools for building web3 apps. A startup program is available for developers providing credits and 1:1 time with solutions devs. More features tailored for Fraxtal developers are on the way.
Frax Finance Offers High Yields and a Tight Peg with Fraxtal Airdrop Eligibility
Mon 4th Mar 2024
Frax Finance is providing the highest yield and tightest peg in town, making it an ideal place to stake $FXS. Users can also participate in the Fraxtal airdrop. Stake now at StakeDAOHQ and Convergence_fi.
Frax Finance Announces $frxETH Crossed $1B TVL with High Yields
Thu 29th Feb 2024
$frxETH by Frax Finance has surpassed $1 billion in Total Value Locked (TVL), offering a 40% higher yield than rETH and 25% higher yield than stETH since inception. Additionally, Fraxtal is set to launch next month, utilizing frxETH as gas, which is expected to boost sfrxETH yields continuously.
All Roads Lead to Frax with Beefy Finance Partnership
Thu 29th Feb 2024
Frax Finance announces a new partnership with Beefy Finance offering an 80% APY on FRAX-sFRXETH pair on Optimism. The collaboration is expected to lead more users to Frax platform.
Opportunity for sfrxETH Stakers to Utilize 4x+ Leverage on LSD Yield
Thu 29th Feb 2024
Frax community members who are staking sfrxETH can now access 4x+ leverage on LSD yield through @protocol_fx. Explore this opportunity!
.@fraxfinance to Share Protocol Revenue with $veFXS Stakers
Mon 26th Feb 2024
According to a community proposal by @fraxfinance, there are plans to distribute protocol revenue with $veFXS stakers. This initiative was highlighted by @samkazemian in a report by @godbole17.
Proposal to Distribute Frax Protocol Revenue to veFXS Stakers Under Consideration
Mon 26th Feb 2024
Frax Finance, generating significant annual revenue, primarily stored in the treasury, prompts discussion among veFXS holders regarding redistributing the revenue to veFXS stakers. A decision is pending on whether to resume the distribution.
Record $10,000,000 ETH staked with Frax Ether by BrainDAO
Thu 22nd Feb 2024
BrainDAO has staked a record $10,000,000 of ETH with Frax Ether. The DAO has a treasury of $26 million for funding new products such as IQ Code, the first AI for smart contracts.
