The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
- Post author:MiamiCrypto
- Post published:March 6, 2023
- Post category:curve finance / Decentralization / Decentralized Exchange / makerdao / Stablecoin / USD Coin