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Frax Finance

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Cryptocurrency & Blockchain

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Description

Frax Finance offers the world’s first fractional-algorithmic stablecoins, including FRAX, FPI, and frxETH, designed for scalability and trustless on-chain money. Its ecosystem features Fraxswap AMM with TWAMM, Fraxlend lending markets, and Fraxferry cross-chain transfers, all governed by utility tokens FXS and FPIS to ensure decentralized protocol control.

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