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Frax Price Index Share
$0.4677
3.86%
Frax Price Index Share Price Converter
Frax Price Index Share Information
Frax Price Index Share Supported Platforms
| ERC20 | ETH | 0xc2544A32872A91F4A553b404C6950e89De901fdb | 2022-03-25 |
About Frax Price Index Share
Frax is a fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and 12 other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The Frax ecosystem has 2 stablecoins: FRAX (pegged to the US dollar) & FPI (pegged to the Consumer Price Index).