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Frax
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frax Trading Insights: A Comprehensive Financial Report (June 08, 2023 (Week 23))Minor Coin/F-J 2023. 6. 8. 20:21
Title: 'Frax' Financial Report on June 08, 2023 (Week 23) 1. What is 'Frax'? 'Frax' is a decentralized algorithmic stablecoin that aims to provide stability and maintain its value at a targeted price, typically pegged to a specific fiat currency like the US Dollar. It achieves this through a combination of on-chain and off-chain stabilization mechanisms. 'Frax' is designed to offer a reliable me..