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What is PolyBridge?

Create a modern Internet infrastructure that facilitates effortless communication across multiple blockchain platforms. This innovation will not only improve connectivity but also foster collaboration among a wide array of digital environments, ushering in a new era of interoperability.

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.

Media

Media

Integrations Supported

Arbitrum
Avalanche
BNB Smart Chain (BSC)
MetaMask
Polygon
Ethereum
Filet
OKT Chain (OKTC)
PolyNetwork
WalletConnect

Integrations Supported

Arbitrum
Avalanche
BNB Smart Chain (BSC)
MetaMask
Polygon
Aave
Binance
Crypto.com
Exponential DeFi
Harmony
Moonriver
Morpho
Risk Harbor
Uniswap

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

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

Poly Network

Company Website

bridge.poly.network/

Company Facts

Organization Name

Frax

Date Founded

2019

Company Location

Cayman Islands

Company Website

frax.finance/

Categories and Features

Cross Chain Bridges

Not specified

Categories and Features

Cross Chain Bridges

Not specified

Crypto Lending (DeFi)

Not specified

Crypto Staking

Not specified

Yield Farms

Not specified

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