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

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 decision, the days of…

Please enter CoinGecko Free Api Key to get this plugin works.