FraX finance is a stable coin project. There are two kinds of tokens in the ecology. FraX is a fractional algorithm stable coin, FXS is a governance token, and a part of FXS needs to be burned to cast FraX. Some FXS will be generated when exchanging FraX.
Full Name in English：Frax Share
Full Name in Chinese：/
Issue date: December 21, 2020
Official Website: https://frax.finance/
White Paper Link：https://docs.frax.finance/overview
Disclaimer: this introduction derives from the white paper and other official information released by the official project team so that investors can better understand the token and the corresponding project. The content of this paper is obtained through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but the accuracy and completeness of the information mentioned in the report are not completely guaranteed. The content of this paper cannot be used as the basis for investment research decisions, moral, responsibility and legal basis or evidence, whether explicitly or implicitly.