#FRAX is a decentralized stablecoin available on Binance.
It uses a hybrid model backed by collateral and algorithmic supply control.
FRAX aims to maintain a stable value close to one US dollar.
The system adjusts supply based on market demand.
It is governed by the Frax Finance protocol and community.
FRAX supports DeFi trading, lending, and payments.
Transparency and on chain mechanisms build user trust.
A popular option for those exploring stable assets in crypto.$BNB
BNB
611.4
+2.64%