Frax
Frax represents a groundbreaking approach to stablecoin design, uniquely blending collateralized and algorithmic elements. By partially backing its supply with collateral, while allowing a portion to float unbacked, it eliminates custodial risks and overcollateralization. This innovative framework positions Frax as a scalable, decentralized solution for the evolving DeFi landscape.
Top Frax Alternatives
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Swapz
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Portal Bridge
Portal Bridge facilitates seamless, unlimited transfers of tokens and NFTs across various blockchains, utilizing Wormhole’s wrapping technology.
Prompt.Cash
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Abracadabra.Money
Abracadabra.Money offers users the ability to create magic internet money through a unique cross-chain bridge.
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Snowbridge
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PolyBridge
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Robinia
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EverBridge
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Relay
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Octus Bridge
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