DeFi Protocol Frax Building Stablecoin Solutions, FXS Doubles in Price
Frax Finance has been one of 2023's hottest decentralized finance protocols. As stablecoin and liquid staking narratives gain traction, its native token has been on a wild ride up.
Timeline of Frax
Rapid Insights: Frax's Liquid Staking Strategy - The Block
Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. Frax Finance, an algorithmic stablecoin protocol, has recently announced the launch of its liquid staking venture. This comes after the Ethereum Merge, significantly reducing the costs of running an Ethereum validator node. Frax Finance's pivot could be a critical diversification for its current operations after a potential bill that outlaws “endogenously collateralized stablecoins.” Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research
Frax Finance to publicly release liquid staking protocol within two weeks - The Block
Decentralized stablecoin issuer Frax Finance is preparing to make available its liquid staking protocol on Ethereum. The post Frax Finance to publicly release liquid staking protocol within two weeks appeared first on The Block.
Frax Finance launches Fraxlend, its own borrowing and lending market - The Block
Fraxlend will enable the protocol to mint new FRAX through the borrowing and lending process and facilitate deals between DAOs. The post Frax Finance launches Fraxlend, its own borrowing and lending market appeared first on The Block.
With the Prevalence of the Crypto Dip, you Might Need to Check out These Coins: PARO, FRAX and PAX - Dailycoin
The state of the crypto climate has been brutal the past few days, and while the drastic fall in crypto prices has brought about massive losses all across the board, it also opens the possibility of making much more profit in the coming days. This is why every trader should keep their eyes open by reading stock market news and searching for potential coins to invest in.
Frax Founder Sam Kazemian Plans $20M Repurchase of ‘Undervalued' FXS Token - BeInCrypto
Frax Finance founder Sam Kazemian proposed to repurchase up to $20 million of the DeFi protocol's own FXS token. The post Frax Founder Sam Kazemian Plans $20M Repurchase of ‘Undervalued' FXS Token appeared first on BeInCrypto.
