Frax’s singularity roadmap sets a target of $100 billion in TVL for its layer 2 Fraxtal and plans to launch 23 new layer 3s. The proposal calls for reviving the few switch mechanisms to boost ...

FRAX, AKT, FTN, and SC lead as the top crypto gainers for today, each showcasing strong growth and unique innovations in the ...

The Frax community has voted to pass FIP-418 to use BlackRock's United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.

FRAX, SFP, RLB, and JST lead today's top crypto gainers, sparking traders' interest with their remarkable performance and ...

What is the purpose behind the creation of the Frax Protocol (FRAX)? The Frax Protocol was created as a decentralized stablecoin system with the purpose of providing a highly scalable, decentralized, ...

The Frax Price Index is a protocol within the Frax ecosystem. The system will adjust every month according to an on-chain Consumer Price Index oracle so that holders of the FPI will increase their ...

In the early hours of Asian trading, Curve's (CRYPTO: CRV) token experienced a 30% drop, spurred by the automatic liquidation of some loan positions linked to the protocol’s founder, Michael Egorov.

Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described ...

Crypto Whale Spends $24.7M On Ethereum-Based Altcoins Following SEC Approval A crypto whale invested $24.7 million in Ethereum-based altcoins after the SEC approved a spot Ethereum (CRYPTO: ETH ...