Project basic information

Issue Time:2020-12-27

Total Supply: 99,899,045

Circulation:-

White paper:https://frax.finance/whitepaper/

Website:https://frax.finance/#welcome

Block Explorer:https://etherscan.io/token/0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0

Project Introduction

The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.

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