Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble
The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble.
Frax
Frax Finance Targets $100B Value Locked in Singularity Roadmap
Frax’s singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal.
Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
“We are going to follow Uniswap’s lead in proposing it. It will be up to the community to pass it,” CEO Sam Kazemian said.
Frax Finance’s Layer 2 Fraxtal to Debut in February: Founder
Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month.
PayPal’s Stablecoin Part of Third Largest Liquidity Pool on Curve
Curve’s FRAXPYUSD liquidity pool, which went live on Dec. 27, boasts the third largest TVL of $135 million.
Frax Finance Says its Domain Name Has Been Hijacked
Frax founder Sam Kazemian says his team has been “left in the dark” by the domain registrar as to what happened.