Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

By cineramaMarch 6, 2023DeFi

The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin . With […]

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Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

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