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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
Taiko serves as an Ethereum-equivalent (Type 1) ZK-EVM, ensuring complete compatibility with Ethereum's existing infrastructure. There is no need for any additional compiling, reauditing, or specialized tools, as everything operates seamlessly right from the start. Our development is community-driven and fully open-source, which allows users to freely utilize and modify Taiko's source code under a permissive license. Importantly, Taiko does not require any extra trust assumptions from Ethereum, as it is a foundational rollup that features a permissionless and decentralized proposer/prover network from its inception. By inheriting the level of decentralization characteristic of Ethereum, Taiko utilizes Ethereum validators for transaction sequencing, which is designed to be straightforward, ensuring Ethereum's liveness and credible neutrality are maintained. Users can easily bridge their ETH to Taiko through our native bridge or other bridges within the ecosystem, and for guidance, the user guide's setup page is a great starting point. This innovative platform integrates the advantages of both optimistic and ZK-rollups, significantly lowering costs while enhancing decentralization, making it a forward-thinking solution in the blockchain space. Ultimately, Taiko represents a new era for Ethereum users, combining efficiency with robust security and community involvement.
API Access
Has API
API Access
Has API
Integrations
MetaMask
Uniswap
Aave
Arbitrum
Avalanche
BNB Smart Chain (BSC)
Base App
Binance
CoinEx
Crypto.com
Integrations
MetaMask
Uniswap
Aave
Arbitrum
Avalanche
BNB Smart Chain (BSC)
Base App
Binance
CoinEx
Crypto.com
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Free
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
Frax
Founded
2019
Country
Cayman Islands
Website
frax.finance/
Vendor Details
Company Name
Taiko Labs
Website
taiko.xyz/
