What are the benefits of FRAX and its Ecosystem?
Created in 2020 as the world's first fractional-algorithmic stablecoin, FRAX pioneered a hybrid approach to stability. The benefits of FRAX stem from its innovative design, which combines on-chain collateral with algorithmic market operations to create a scalable and censorship-resistant stablecoin, powering a comprehensive and capital-efficient decentralized finance (DeFi) ecosystem.