Frax

Frax is an Open Source DeFi Protocol that focuses on overcollateralized stablecoins and Ether Staking in order to generate yield. Additionally, it incentivizes users by distributing its governance token FXS to its users.

  • Name: Frax

  • Code: Open Source

  • Yield Generation Source: Staking

  • Governance Token: Yes

  • Governance Token Rewards: Yes

  • Inception: 2020

  • Bug Bounty: Yes, up to $10M for critical bugs

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