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Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy
19.1.2024
Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on December 31, 2023...
Frax Finance's Layer 2 Fraxtal to Debut in February: Founder
18.1.2024
Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month
PayPal's Stablecoin Part of Third Largest Liquidity Pool on Curve
10.1.2024
Curve's FRAXPYUSD liquidity pool, which went live on Dec. 27, boasts the third largest TVL of $135 million
Frax Finance Says its Domain Name Hijacking Has Been Resolved
1.11.2023
Frax founder Sam Kazemian says his team has been "left in the dark" by the domain registrar as to what happened
Frax Finance's Fed Yield-Matching Staking Vault Attracts $30M, FXS Steady
13.10.2023
Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S
Frax Finance to retire algorithmic backing amid stablecoin crackdown
23.2.2023
The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing
Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
23.2.2023
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element
DeFi Service Frax Finance Gains Momentum Amid Ether Staking Narrative, FXS in Focus
18.1.2023
High yields on Curve-related pools have attracted millions of dollars worth of ether to Frax in the past few weeks
Stablecoin Issuer Frax Finance Unveils Ether Staking Service With a Dual Token Model
28.10.2022
Frax's dual token model will simplify DeFi integrations and supposedly allow users to earn above-average ether staking yields
Stablecoin projects need collaboration, not competition: Frax founder
25.7.2022
As long as stablecoin “liquidity is growing proportionally with each other," there won’t ever be true competition between stablecoins, says Frax Finance's Sam Kazemian
Frax Finance’s FXS Jumps as Terra Introduces Stablecoin Pool ‘4pool’
4.4.2022
Liquidity from four major protocols would be used to make Curve’s 4pool attractive for users