Frax

FraxFXS

Stablecoin Protocol

A Propos de Frax

Communauté

Frax Finance is a stablecoin protocol issues innovative, decentralized stablecoins and contains subprotocols to support them. The Frax Protocol currently issues 3 stablecoins: FRAX, FPI, and frxETH. FRAX v3 is a dollar-pegged stablecoin that uses AMO smart contracts and permissionless, non-custodial subprotocols as stability mechanisms. The two internal subprotocols used as stability mechanisms are Fraxlend, a decentralized lending market and Fraxswap, an automated market maker (AMM) with special features. The external subprotocol used as a stability mechanism is Curve.

Membres de l'équipe

Sam Kazemian
Sam KazemianFounder
Travis Moore
Travis MooreCo-Founder & Chief Technology Officer
Bitkevin
BitkevinBD
Vince Dowdle
Vince DowdleVP of Strategic Initiatives & Alliances
Nader Ghazvini
Nader Ghazvini Head of Governance & Core Team Member

Investisseurs

DragonflyDragonfly
Electric CapitalElectric Capital
Robot VenturesRobot Ventures
Crypto.com CapitalCrypto.com Capital
Balaji SrinivasanBalaji Srinivasan
Stani KulechovStani Kulechov

Détails du financement

Cycle de fundingMontantEstimation
Date
Investisseurs
Strategic
--
--
2021-07-15
DragonflyDragonfly*
Electric CapitalElectric Capital
+ 4

Organisations subsidiaires

Fraxtal
Fraxtal
EVM equivalent rollup