FRAX / sFRAX – Native Cosmos issuance via Noble
FRAX / sFRAX
Native Cosmos issuance via Noble
FRAX's Stablecoin and Vault
FRAX is a stablecoin employing an innovative model that utilizes collateralized and algorithmic functions in service of peg stability.
sFRAX is a staked FRAX token that aims to provide yield exposure that, at a minimum, reflects a short-term U.S. treasury rate to token holders.
Facts
- Issuer: Frax Finance
- Total Issuance: $217,278,396
- Issuance on Noble: Coming Soon