# 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

[Visit website](https://frax.finance/)

##### Stay Up To Date

[Get Notified](https://t.me/+5mCog0PAWCRmOWYx)

##### The Block Announcement

[Read the Article](https://www.theblock.co/post/286205/frax-tokens-to-be-natively-issued-on-noble-expanding-into-cosmos-ecosystem)

##### Blockworks Announcement

[Read the Article](https://blockworks.co/news/frax-stablecoins-on-cosmos-ibc)