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Frax DAO increases collateral ratio to 100%

By daotimes.com on February 26, 2023


The decentralized autonomous organization (DAO) of DeFi stablecoin protocol, Frax Finance, has voted to fully collateralize the protocol’s native FRAX stablecoin, a step towards retiring the algorithmic backing of the protocol.

Go to daotimes.com




Related coins: Frax