FRAX stablecoin

GPTKB entity

Statements (52)
Predicate Object
gptkbp:instanceOf gptkb:cryptocurrency
stablecoin
gptkbp:auditedBy gptkb:Certik
gptkb:OpenZeppelin
gptkb:Trail_of_Bits
gptkbp:category DeFi
gptkbp:decentralized true
gptkbp:discord https://discord.gg/frax
gptkbp:documentation https://docs.frax.finance/
gptkbp:governedBy gptkb:Frax_DAO
gptkbp:hasCollateralToken gptkb:USDC
gptkbp:hasGovernanceToken gptkb:FXS
gptkbp:hasTelegram https://t.me/fraxfinance
https://www.w3.org/2000/01/rdf-schema#label FRAX stablecoin
gptkbp:introducedIn 2020
gptkbp:isAlgorithmic true
gptkbp:isCollateralized partially
gptkbp:isFractional true
gptkbp:launched gptkb:Frax_Finance
gptkb:Ethereum_blockchain
gptkb:Polygon
gptkb:Binance_Smart_Chain
gptkb:Avalanche
gptkbp:listedOn gptkb:Coinbase
gptkb:Binance
gptkb:Uniswap
gptkb:SushiSwap
gptkb:Curve_Finance
gptkb:KuCoin
gptkbp:logo https://frax.finance/static/media/logo.2b3e2e7e.svg
gptkbp:marketCap over $1 billion (as of 2024)
gptkbp:maxSupply varies algorithmically
gptkbp:mechanismOfAction algorithmic stablecoin
fractional reserve
gptkbp:medium https://fraxfinance.medium.com/
gptkbp:mintedIn collateral deposit
gptkbp:partOf gptkb:Frax_ecosystem
gptkbp:peggedTo gptkb:US_dollar
gptkbp:redeemedBy collateral withdrawal
gptkbp:stockSymbol gptkb:FRAX
gptkbp:supportsBridging multiple blockchains
gptkbp:supportsSmartContracts gptkb:Ethereum
gptkb:Polygon
gptkb:BSC
gptkb:Optimism
gptkb:Arbitrum
gptkb:Avalanche
gptkbp:twitter https://twitter.com/fraxfinance
gptkbp:website https://frax.finance/
gptkbp:whitepaper https://docs.frax.finance/whitepaper.pdf
gptkbp:bfsParent gptkb:Frax_Finance
gptkbp:bfsLayer 6