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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.
Description
Meter Passport, developed by VoltSwap, serves as a cross-chain bridge within the Meter blockchain ecosystem, enabling users to seamlessly transfer cryptocurrency assets between various networks, including Meter, Ethereum, Avalanche, BSC, and Moonriver. This functionality enhances the interoperability of different blockchains, allowing for greater flexibility and access to diverse decentralized applications.
API Access
Has API
No
API Access
Has API
No
Integrations
Avalanche
Yes
BNB Smart Chain (BSC)
Yes
MetaMask
Yes
Moonriver
Yes
Arbitrum
Yes
CoinEx
Yes
Ethereum
No
Exponential DeFi
Yes
Gate.io
Yes
MEXC
Yes
Integrations
Avalanche
Yes
BNB Smart Chain (BSC)
Yes
MetaMask
Yes
Moonriver
Yes
Arbitrum
No
CoinEx
No
Ethereum
Yes
Exponential DeFi
No
Gate.io
No
MEXC
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Frax
Founded
2019
Country
Cayman Islands
Website
frax.finance/
Vendor Details
Company Name
VoltSwap
Website
passport.meter.io
