Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol.
Website | frax.com |
Website | docs.frax.com/protocol/assets/frxusd/frxusd |
Socials | twitter.com/fraxfinance |
Socials | github.com/FraxFinance/staked-frax-erc4626/blob/public/src/contracts/FrxUSD.sol |
Socials | t.me/fraxfinance |
Contracts | 0xCAcd...586E29 |
Explorers | etherscan.io/token/0xcacd6fd266af91b8aed52accc382b4e165586e29 |