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Cryptocurrencies: 30358
Markets: 109486
Market Cap: $2,690,561,703,467     
24h Vol: $90,429,152,435
Cryptela — Cryptocurrency News and Market Intelligence
CoinTelegraph 2023-02-23 04:37:38

Frax Finance to retire algorithmic backing amid stablecoin crackdown

Frax Finance to retire algorithmic backing amid stablecoin crackdown
The vote was passed to fully collateralize Frax Finance’s native stablecoin, phasing out its algorithmic backing.
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