frxUSD/EURe pair goes live on Uniswap with incentives
Frax Finance launched the frxUSD/EURe pair on Uniswap on Polygon, giving Monerium's euro stablecoin EURe a direct route into frxUSD dollar liquidity. The pool is live with incentives, with Capa Fi bringing FX and payment flows to the pair.
- frxUSD/EURe trading on Uniswap (Polygon) with incentives
- Capa Fi connects FX and payment flows into the pool
- Gives EURe holders on-ramp access to frxUSD yield-bearing dollar exposure
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.
