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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
Integrations
CoinEx
MetaMask
Aave
Arbitrum
BNB Smart Chain (BSC)
Binance
CoinEx Wallet
Crypto.com
Curve Finance
Ethereum
Integrations
CoinEx
MetaMask
Aave
Arbitrum
BNB Smart Chain (BSC)
Binance
CoinEx Wallet
Crypto.com
Curve Finance
Ethereum
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/