Frax (prev. FXS)

Frax is a decentralized stablecoin that aims to combine the benefits of both algorithmic and collateral-backed stablecoins. As a part of the DeFi sector, it allows users to participate in yield farming and liquidity provision through automated market making. With its presence across multiple blockchain ecosystems, Frax focuses on maintaining a stable value while enabling governance in decentralized finance applications.

How to buy Frax (prev. FXS) on Grow →