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Frax Finance Frax Finance
gwl-

Can someone explain what is FRAX backed by? seems there's

screenshot

a lot of frax and fxs there lol

#cryptocurrency #english #frax
0

2 ответов

10 просмотров
Kurt-Will

It is backed by a combination of collateral assets, primarily including stablecoins like USDC (USD Coin), as well as other crypto assets held within its reserve.

0
8 месяцев назад
Milan - 米藍 - ميلان-

well frax would be logical since its a stablecoin and thus its not a volatile asset. I don't see much FXS there, but that's probably from the protocol revenue the treasury is accruing

0
8 месяцев назад

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