The Defiant

Frax - Page 2

Head to head with Sam Kazemian of Frax Finance

Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.

Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes

The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra's collapse.

Proposal to Build Sushichain Catches Eyeballs, Raises Eyebrows

First came the tweet, then countless discussions and debates followed. Within days, voila! A governance proposal materialized. This pattern is rapidly becoming the norm for DeFi protocols. This time the initiator was Sam Kazemian, the founder of Frax Finance,  a protocol for a fractional-algorithmic stablecoin. His tweet suggested that Sushiswap, the automated market maker, should…

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