Frax DAO dao
Overview
Frax Finance is a decentralised stablecoin protocol governed by its token holders. Its documentation describes an ecosystem issuing three stablecoins - FRAX, FPI and frxETH - alongside other tokens and subprotocols, including Frax Bonds (FXB), zero-coupon-style tokens auctioned below 1 FRAX and redeemable for 1 FRAX at maturity. FXS is the base-layer governance token of the Frax ecosystem and accrues fees, revenue and excess collateral value; locking FXS produces veFXS, which grants voting power and farming boosts. Frax also operates Fraxtal, a modular layer-2 chain based on Optimism technology that uses frxETH as its gas token.
Within the DeFi Intel graph, Frax DAO connects to 2 tracked entities, most strongly to Frax Finance, Frax Share (FXS).
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
governs | Frax Finance | 95% |
supports_token | Frax Share (FXS) | 95% |
Frequently asked questions
What is Frax DAO?
Frax DAO is a stablecoin tracked in the DeFi Intel knowledge graph. It is connected to 2 other tracked entities, most strongly to Frax Finance, Frax Share (FXS).
What type of entity is Frax DAO?
Frax DAO is classified as a stablecoin (dao) in the DeFi Intel knowledge graph.
What is Frax DAO connected to?
In the DeFi Intel knowledge graph, Frax DAO is linked to 2 other tracked entities, most strongly to Frax Finance, Frax Share (FXS).
Live news feed, full graph, and search.