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Frax Finance Frax Finance
Patinho-Bello

So apparently Frax isn’t a decentralized stablecoin as it entirely

relies on usdc which is centralized and subject to regulations.

It’s decentralized by proxy and therefore week against truly decentralized stablecoins like LUSD.

Wdy think ? How can we tackle this bad reputation

#cryptocurrency #english #frax
0

2 ответов

9 просмотров
Sam-Kazemian ¤⛓️¤

I think anyone saying that should look at how LUSD is a stablecoin for ants.

0
17.08.2022
Westwood-

Ser have you heard of the stablecoin trilemma?

0
17.08.2022

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