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  • 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

    The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.

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