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Description

The CoinEx Smart Chain operates on a PoS consensus protocol, ensuring both decentralization and energy efficiency. This platform simplifies the process of developing decentralized applications, allowing for seamless migration of DApps from Ethereum to CSC. It can accommodate as many as 101 nodes, determined by the ranking of staked CET. Additionally, it features rapid block generation times and remarkably low transaction fees. To further bolster development within the ecosystem, the CoinEx Smart Chain Foundation has launched the CSC Ecological Supportive Plan, which aims to assist developers in creating their own DApps by providing comprehensive support in areas such as funding, technology, market access, and various other resources for high-quality projects. This initiative not only fosters innovation but also strengthens the overall network by attracting talented developers.

Description

Frax operates as an open-source, permissionless protocol that is fully integrated on-chain, currently functioning on Ethereum and several other blockchain networks. The primary objective of the Frax protocol is to develop a highly scalable and decentralized form of algorithmic currency to replace fixed-supply digital assets such as Bitcoin. This innovative approach represents a significant shift in the design of stablecoins. While many existing stablecoin protocols have rigidly adhered to either being fully collateralized or entirely algorithmic without any backing, Frax introduces a hybrid model. Traditional collateralized stablecoins often face custodial risks or necessitate overcollateralization on-chain. In contrast, Frax uniquely combines both backed and algorithmic components in its supply, establishing itself as the first stablecoin to feature a portion of its supply as floating or unbacked. This duality not only enhances the stability of the currency but also paves the way for a more dynamic and adaptable financial ecosystem.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

CoinEx
MetaMask
Aave
Arbitrum
BNB Smart Chain (BSC)
Binance
CoinEx Wallet
Crypto.com
Curve Finance
Ethereum
Exponential DeFi
Harmony
Moonriver
Polygon
SushiSwap
Uniswap
Yearn
vfat.tools

Integrations

CoinEx
MetaMask
Aave
Arbitrum
BNB Smart Chain (BSC)
Binance
CoinEx Wallet
Crypto.com
Curve Finance
Ethereum
Exponential DeFi
Harmony
Moonriver
Polygon
SushiSwap
Uniswap
Yearn
vfat.tools

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

CoinEx

Founded

2017

Website

www.coinex.org

Vendor Details

Company Name

Frax

Founded

2019

Country

Cayman Islands

Website

frax.finance/

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