$FRAX has just surged in price, so what is Frax?
FRAXUSDT
Trvl
0.9098
+16.17%
$FRAX builds the first stablecoin operating system. It issues frxUSD, a digital dollar fully backed by tokenized Treasuries, and runs FraxNet for frxUSD minting, redemption, and rewards across more than 20 chains. Fraxtal is their high-performance EVM L1 network that uses FRAX, their sole value-accrual token, as gas.
The total circulating supply is almost 100%, so with that level of circulation, you don't need to worry about unlocking tokens and causing the price to drop...
$DUSK #usd #StablecoinRevolution #crypto
DUSKUSDT
Trvl
0.14958
-5.26%