📢 Frax Finance announced FRAX v3, a decentralized finance protocol, US dollar-pegged stablecoin! 🚀
- Provides stability with AMO smart contracts and permissionless, proprietary sub-protocols
- Fraxlend and Fraxswap work as internal stability mechanisms
- External subprotocol Curve provides loyalty to the US dollar
- The stablecoin market has fallen 35% in the last 18 months 😓
- US regulations negatively affect the stability of cryptocurrencies
- Provides stability with AMO smart contracts and permissionless, proprietary sub-protocols
- Fraxlend and Fraxswap work as internal stability mechanisms
- External subprotocol Curve provides loyalty to the US dollar
- The stablecoin market has fallen 35% in the last 18 months 😓
- US regulations negatively affect the stability of cryptocurrencies