Frax Finance protocol
Overview
Frax Finance operates a decentralised finance protocol that issues FRAX, a stablecoin designed to maintain parity with the US dollar through a fractional-algorithmic model. This model dynamically adjusts the proportion of collateral backing the stablecoin in response to market conditions. The protocol additionally provides a decentralised exchange named Fraxswap, a cross-chain bridge called Fraxferry, and a lending platform known as Fraxlend.
Within The Counterparty graph, Frax Finance connects to 11 tracked entities, most strongly to Frax USD, Hidden Hand, Stake DAO.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 11 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Frax USD | 95% |
redirects_emissions_via | Hidden Hand | 95% |
boosts_for | Stake DAO | 95% |
governs | Frax DAO | 95% |
issued_by | Frax Share (FXS) | 95% |
supports_token | veFXS | 95% |
governs | Fraxtal | 90% |
issued_by | Sfrax | 90% |
governs | Frax DAO | 90% |
built_on | Fraxlend | 85% |
Frequently asked questions
What is Frax Finance?
Frax Finance is a stablecoin-defi tracked in The Counterparty knowledge graph. It is connected to 11 other tracked entities, most strongly to Frax USD, Hidden Hand, Stake DAO.
What type of entity is Frax Finance?
Frax Finance is classified as a stablecoin-defi (protocol) in The Counterparty knowledge graph.
What is Frax Finance connected to?
In The Counterparty knowledge graph, Frax Finance is linked to 11 other tracked entities, most strongly to Frax USD, Hidden Hand, Stake DAO.