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About
Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. Frax is a new paradigm in stablecoin design. Many stablecoin protocols have entirely embraced one spectrum of design (entirely collateralized) or the other extreme (entirely algorithmic with no backing). Collateralized stablecoins either have custodial risk or require on-chain overcollateralization. Frax is the first and only stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means FRAX is the first stablecoin to have part of its supply floating/unbacked.
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About
Anchor Protocol allows Terra stablecoin deposits to earn stable yield, powered by block rewards of leading proof-of-stake blockchains. Terra stablecoins offer instant settlements, low fees and seamless cross-border exchange - loved by millions of users and merchants. Mirror Protocol allows the creation of fungible assets, “synthetics”, that track the price of real world assets. Mirror synthetics are intended to be used as key building blocks in smart contracts, and to bring the world’s assets to the blockchain. Build smart contracts in Rust, Go, or AssemblyScript. Run on multiple chains, connected by the Cosmos IBC. Use Terra stablecoins, onchain swaps, layer 1 oracles as primitives. Expose dApp userbases to Terra's payment services in a permissionless fashion. Terra aims to make its stablecoins available to every developer on every blockchain. Now live on Ethereum and Solana, and coming to more soon.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Fractional-algorithmic stablecoin protocol solution for crypto holders
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Audience
Individuals looking for a Blockchain solution
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationFrax
Founded: 2019
Cayman Islands
frax.finance/
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Company InformationTerra
www.terra.money
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Alternatives |
Alternatives |
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Categories |
Categories |
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Integrations
Risk Harbor
Aave
Canton
Cryptio
Crypto.com
Curve Finance
Kado
Koinly
Leap Wallet
Lido
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