Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s deci...

Stablecoin Projects Require Cooperation Over Rivalry, Says Frax’s Founder

Sam Kazemian, the creator of Frax Finance, believes that stablecoin projects need to work more together to increase each other’s liquidity and boost the ecosystem as a whole. In a recent interview wit...