Frax announces Robinhood rollout with Arrow, FablesFi, and UFG
Frax Finance posted that it is "launching & shipping" on Robinhood, thanking Arrow Finance, FablesFi, and UFG DeFi for the collaboration, with "more to come."
The post is the launch announcement for the chain's ongoing rollout: Arrow's frxUSD PSM for 1:1 zero-fee conversions against aUSD, the first stable pool integrations (Arrow's frxUSD/aUSD pool and FablesFi's stable pool), and sfrxETH backing United Founders Group's Immutable Treasury v2. Frax signaled additional Robinhood partners are in the pipeline.
Sources
- Frax is launching & shipping on @RobinhoodCrypto 🚢 Pleasure working with @ArrowFinanceio, @fablesfi, @UFGDeFi, and more to come 🤝 https://t.co/BlHArgK76Zx.com ↗
- Frax is launching & shipping on @RobinhoodCrypto 🚢 Pleasure working with @ArrowFinanceio, @UFGDeFi, and more to come 👀 https://t.co/BlHArgK76Zx.com ↗
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.
