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What is Frax?

Frax functions as a decentralized and open-source protocol that is seamlessly integrated on-chain, operating on Ethereum as well as various other blockchain platforms. The core aim of the Frax protocol is to create a scalable and decentralized algorithmic currency that can serve as an alternative to fixed-supply digital currencies like Bitcoin. This groundbreaking methodology signifies a notable transformation in the construction of stablecoins. Unlike many existing stablecoin systems that strictly adhere to being either completely collateralized or fully algorithmic without any support, Frax presents a hybrid approach. Conventional collateralized stablecoins typically encounter custodial risks or require significant overcollateralization on-chain. In a distinctive move, Frax merges both backed and algorithmic elements in its supply, making it the first stablecoin to incorporate a segment of its supply as floating or unbacked. This innovative structure not only improves the currency's stability but also facilitates the emergence of a more versatile and responsive financial ecosystem, ultimately promoting broader adoption and usability across diverse applications.

What is Blade?

Blade is an asset management platform focused on decentralized finance, offering users access to premier vault strategies and cutting-edge structured financial products. The primary goal of this protocol is to simplify the investment journey within the DeFi landscape, ultimately enhancing users' potential for maximizing returns while navigating this complex ecosystem. Through its innovative approach, Blade seeks to empower investors by providing them with the tools necessary for informed decision-making.

Media

Media

Integrations Supported

Aave
Avalanche
BNB Smart Chain (BSC)
Binance
CoinEx
Exponential DeFi
Fantom
Gate.io
Harmony
HitBTC
MetaMask
Moonriver
Morpho
Polygon
SushiSwap
Uniswap
vfat.tools

Integrations Supported

Phantom
Solana

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Not specified

Company Facts

Organization Name

Frax

Date Founded

2019

Company Location

Cayman Islands

Company Website

frax.finance/

Company Facts

Organization Name

Blade

Company Website

www.blade.so/

Categories and Features

Cross Chain Bridges

Not specified

Crypto Lending (DeFi)

Not specified

Crypto Staking

Not specified

Yield Farms

Not specified

Categories and Features

Crypto Lending (DeFi)

Not specified

Yield Farms

Not specified

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