Frax is the world's first ERC-20 cryptocurrency with a fractional algorithm, partially backed by fiat.
| Cryptocurrency | |
|---|---|
| Short title | FRAX |
| Official website | |
| Social network | |
| Date of foundation | 1970 |
| Head Office | No information specified |
| Types of support | TelegramTwitter |
| Communities | |
| Languages | English |
| Founder | Sam Kazemian |
| Company owner | Frax |
| Manager | Sam Kazemian |
| Features of cryptocurrency | The world's first stable coin with a fractional algorithm. The coin is partially secured by collateral |
| How many coins | 131992706 |
| How to get | Mining, Buying on the exchange |
| Number of exchange destinations | 44 |
| Crypto exchanges | |
| Purses | |
| Transaction Control | Transactions are controlled by smart contracts |
| Growth factors | Transactional usage activity, Trade security, Introduction of new technologies |
| Age restrictions | From 18 years |
| Advantages | ERC-20 token Partially secured by fiat Stable value Mining capability Limited issuance |
| Disadvantages | There is little information about the project on the Internet |
| Adjustable | No |
| API | Read moreVariable data |
| Source code | |
| White Paper | |
| Company requisites | Legal name: Frax Legal address: No information specified |
| Overall assessment | 2.5/10 |
| Date of update | May 14, 2023 |
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