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Frax (Wormhole) (FRAX) News



Frax

Frax Finance will create a reserve crypto fund similar to Terra

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Algorithmic stablecoin platform Frax Finance plans to purchase "billions of dollars worth" of tokens to create a reserve fund for the FRAX algorithmic stablecoin. The founder of the project, Sam Kazemyan, told The Block about this. The FRAX stablecoin is backed by the native token of the...