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Wrapped FRAX

Wrapped FRAX

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Wrapped FRAX is a Layer 1 blockchain project centered around the WFRAX token. Frax currently is...

Stage
Seed
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale

About

Wrapped FRAX is a Layer 1 blockchain project centered around the WFRAX token. Frax currently issues 3 stablecoins: frxUSD, FPI, and frxETH, along with numerous other non-stablecoin tokens. There are also multiple contract groups or "subprotocols" within it that integrate these tokens to provide utility and stability. Core concepts to understand the unified Frax Finance ecosystem include: Stablecoins frxUSD – a USD pegged asset.

Expert Insight
Verified Seed project.

Expert Coverage

No published expert evaluations are available for this project yet.

Layer 1 (L1)Infrastructure
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