Decentralized Stablecoin FRAX to be Fully Collateralized in Protocol Fee Switch Upgrade
Thursday, 21 March 2024, 21:47
Frax Finance Proposal Advancements
The latest proposal from Frax Finance reveals key details about the reinstatement of the protocol fee switch and the introduction of a new tokenomics system.
Key Points:
- Full Collateralization: The new tokenomics system is designed to fully collateralize the decentralized stablecoin FRAX.
- Enhancing Stability: The proposed upgrades aim to strengthen the stability and sustainability of the project.
The advancements in the proposal highlight a strategic move towards a more robust and secure decentralized stablecoin ecosystem.
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