Frax Price Index (FPI) is the first stablecoin pegged to a basket of consumer goods (CPI) creating its own unit of account separate from any nation state denominated money. FPI is fully backed and crypto collateralizedApply Now
Liquidity will add on the Pancakeswap exchanges at November 30, 2023
Fraxferry is a permissionless, non-custodial, and secure method to transfer natively issued Frax Protocol tokens across many blockchains without requiring bridges or third-party applications.
Token Name - FRAX SWAP
Token Symbol - Frax
Token Decimal - 18
Token Supply - 100.000.000
Network - Smart Chain
Contract Address - 0x606171f4f74efDfe9Cad2a2Ab3bf99ea4a458E11
Fraxlend is a trustless, permissionless, and non-custodial lending platform that provides lending markets between any two ERC20 tokens. Each pair is an isolated market which allows anyone to participate in lending and borrowing activities.
Next generation AMMs like fraxswap v3 provide liquidity efficiency improvements, however at the cost of added complexity and risk to LPs The multichain landscape made liquidity increasingly fragmented & the operational overhead of managing liquidity exponentially higher.
Frax Price Index Share (FPIS) is a utility token that can be staked as veFPIS to uniquely govern the FPI stablecoin's novel CPI peg properties. FPIS is interconnected to the Frax Share (FXS) token, and both grow in utility together.
The Frax Protocol is governed by two tokens..
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