Hi all,
In the eighth episode of Genesis Block's Protocol Analysis series, we analyse FRAX, a permissionless DeFi protocol that offers a range of DeFi products and services. Its primary product is a partially-collateralised algorithmic stablecoin that enables liquidity systems and lending markets.
FRAX also offers three other products:
FRAX Swap, an Automated Market Maker (like Uniswap)
FRAX Lend, a Lending Market (similar to Compound or AAVE)
FRAX Ether, an Ethereum Liquid-Staking Derivative (similar to Lido stETH)
Stay tuned for an in-depth breakdown of FRAX in our article that releases later this week!
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DISCLAIMER
None of this is financial advice. This channel is only educational and none of the material we present should be construed as investment advice. DYOR!
FRAX