Published 2 mins ago Cryptocurrency price prediction today Mar 11th: the recent bloodbath in the crypto market triggered by the Silicon Valley Bank crisis has also affected some of the top stablecoins...
Tag: FRAX
Frax Finance has voted to fully collateralizing
The community behind the decentralized financial stablecoin protocol Frax Finance has agreed to completely collateralize its native stablecoin Frax (FRAX), putting an end to the network’s previo...
Frax Share Price Prediction As FXS Escapes From A Bearish Triangle
Join Our Telegram channel to stay up to date on breaking news coverage Frax Share price rose 15% in the last 24 hours to escape from a descending triangle as the crypto market flashed green on Thursda...
Frax Ditches Algorithmic Backing, Citing Terra Failure
The community governance for stablecoin issuer Frax has voted to increase the collateral ratio for its stablecoin to 100%, removing the small algorithmic component which contributed to its value. Frax...
Frax Share Price Prediction: Will FXS break out of consolidation
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Frax Finance to retire algorithmic backing amid stablecoin crackdown
The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an end to the algorithmic backing of the protocol. T...
Frax Finance (FXS) Launches veFPIS Staking: What Does This Mean?
Vladislav Sopov Frax Finance (FXS), multi-product DeFi ecosystem, introduces novel staking option for its users Contents More utility for FPIS governance token: veFPIS staking goes live FPIS price roc...
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
The United States Securities and Exchange Commission is ramping up pressure on the crypto sector. On Feb. 9, the SEC reached a $30 million settlement with Kraken over the centralized staking program i...
Lido’s staked Ethereum crosses 5M, Frax Ethereum on the rise
Liquid staking protocol Lido said its staked Ethereum on the Beacon Chain reached 5.05 million ($8.32 billion). LDO surged 18% to $2.45 in the last 24 hours, according to CryptoSlate data. The token r...
Frax Share (FXS) Price Prediction : FXS token price shot up 30%, Is the FXS undervalued ?
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Curve Protocol beckons investors following Frax Finance’s high APR
Frax Finance offered a high APR, attracting potential CRV users. Despite treasury growth, Curve struggled with declining user and developer engagement. Frax Finance’s sfrxETH has been offering high an...
Frax Finance frxETH Outpaces Rivals Ahead of Shanghai Upgrade
Decentralized finance (DeFi) protocol Frax Finance’s liquid staking derivatives (LSD), Frax Ethereum (frxETH), has gained wide attention and usage within three months of its launch. The protocol has g...
Fresh Ethereum Staking Index Wants To Promote Decentralization
Index Coop, a company that designs structured products on Ethereum, has launched a Diversified Staked ETH (dsETH) index — a tokenized strategy that proponents say will provide its users with a more su...
Frax Share up 29%, Luna Classic Pending Upgrades Could Push It Over $1 Billion, Snowfall Protocol Employs Vest Strategy To Protect Investor Funds
Algorithmic stablecoins are considered a safe and stable store of value. For investors, it sounds like a safe zone from the general crypto market pressure until Terra’s UST depegged in May 2022. Since...
Frax Price Bulls In Check, Signaling An Unstoppable FXS Rally To $15
Join Our Telegram channel to stay up to date on breaking news coverage Frax price bullish outlook carries on undeterred by the first general crypto market pullback. Investors applied brakes on their a...
Frax Share (FXS) Price Prediction as FXS Continues Uptrend in Market Stall (So Far)
Join Our Telegram channel to stay up to date on breaking news coverage Although moving sideways since May, the FXS price retested the range low of $4.10 and then immediately shot up to the range high ...
Ethereum Based Frax Finance (FXS) Is Up 64%, Still Upside?
In the last seven days, the Ethereum-based project Frax Finance is the second biggest winner within the top 100 cryptocurrencies by market cap. With a price increase of 64%, the FXS token is only behi...
Frax Share Price Prediction: FXS Explodes 35% To $9 – is it Time to Buy This Crypto?
Join Our Telegram channel to stay up to date on breaking news coverage Frax Share, the first crypto native CPI platform, has sustained a winning streak for more than two weeks. In the last 24 hours, t...
Frax is Working on Fractional Collateral Stablecoin Solutions
Frax Finance has been one of 2023’s hottest decentralized finance protocols. As stablecoin and liquid staking narratives gain traction, its native token has been on a wild ride up. Frax has been using...
Frax Share (FXS) Bulls Bounce Back as Bullish Momentum Grows Stronger
The price of Frax Share has increased by 39.04% over the past day. Currently, the FXS market is favoring the bulls, with prices trending upwards. A continuation of the bullish trend would be signaled ...
Does Frax Share [FXS] Offer a Good Investment Opportunity? This Will Help You Decide
Join Our Telegram channel to stay up to date on breaking news coverage Frax Share’s price action is determined by supply and demand, just like any other asset. The network dynamics can be affected by ...
Frax Share (FXS) Price Prediction : Will FXS bulls be able to break out of the $8.000 hurdle in 2023 ?
FXS crypto price has defended the $4.000 support level and shot up 30% from the recent low. Frax token price is trading near to 50 day EMA and bulls are trying to hold the $5.000 level. FXS crypto pri...
BNB Chain Now Hosts Native FRAX, Here’s How
Vladislav Sopov Hybrid USD-pegged decentralized stablecoin FRAX now seamlessly available on Binance-backed blockchain Contents FRAX stablecoin by Frax Finance comes to BNB Chain Liquidity aggregation ...
USDT, USDD, FRAX, Who Else? Stablecoins Under Fire Amid Market Uncertainty
Vladislav Sopov Today, almost all major stablecoins de-pegged from their basic currencies, here’s why Contents USDT down, USDC, BUSD up: Unmatched volatility in stablecoin segment Decentralized ...
Stablecoin Issuer Frax Finance Unveils Ether Staking Service With a Dual Token Model
Called Frax Ether, the liquid staking system, went live on Oct. 13 in a soft community launch with an official announcement expected soon. The system has three components – frax ether (frxETH), staked...
Top 3 Altcoins to Invest in For The Coming Months; Flasko (FLSK), Frax Share (FXS), and Rocket Pool (RPL)
When crypto enthusiasts and investors intend to invest in a cryptocurrency, they usually make it a point to focus on the long-term development of the cryptocurrency. This is essential since your inves...
Frax to publicly release Frax Ether (frxETH) protocol
Frax Finance, as part of its imminent plans, will be in the position of officially delivering its very own liquid staking protocol. However, this will be carried out with the aim and intention of enab...
The Reason Frax Shares (FXS) Skyrocketed 35% in a Week
The Frax Share (FXS) token is up a whopping 35% in the past seven days, making it one of the best performers within the otherwise stagnating cryptocurrency market. During the past 24 hours alone, the ...
Three Crypto Projects Should Watch In This Crypto Crash – Frax, Convex Finance, and Supontis Token
Place/Date: – October 11th, 2022 at 6:52 pm UTC · 4 min read Source: Supontis Token The crypto crash took the market by surprise and ushered in the start of the bear market. With the price slash...
Strengthening Protocol Features and Community Building
October 3, 2022, 10:28AM EDT • 11 min read Quick Take This DeFi governance roundup piece covers Aave, ApeCoin, Balancer, BitDAO, Frax Finance, Lido, Stargate Finance, SushiSwap and Uniswap. The main t...
Could the New House Stablecoin Bill Kill FRAX and DAI?
Key Takeaways U.S. lawmakers are reportedly drafting a bill to place a two-year ban on certain stablecoins. The House Stablecoin Bill would target “endogenously collateralized stablecoins.” The new bi...
Stablecoin Protocol Frax Finance Launches Lending Market Fraxlend
Algorithmic stablecoin protocol Frax Finance has launched its own lending marketplace Fraxlend, where any user can lend and borrow using any token belonging to the Chainlink data feed without permissi...