Frax Finance

Frax Finance pioneered a fractional-algorithmic stablecoin model backed partly by collateral and partly by algorithms.Frax Finance 开创了一种部分由抵押品支持、部分由算法支持的分式算法稳定币模型。

Frax has expanded beyond its stablecoin roots to launch frxETH, a liquid staking token competing with Lido.Frax 已将其业务范围扩展到稳定币根基之外，推出了与 Lido 竞争的流动性质押代币 frxETH。