Inflation-linked stablecoin from Frax Finance is an enormous deal, here is why

By cryptospacey.com on April 18, 2022

Frax Finance will quickly launch the Frax Worth Index (FPI) token, increasing the agency’s suite of protocol choices. FPI is exclusive in that it’s the primary stablecoin to trace the U.S Shopper Worth Index (CPI). Utilizing oracle information from Chainlink, every month will see a “dollar-denominated worth” adjustment in step with the motion of inflation.“The...

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Related coins: Frax