+
+

Related Products

  • Figure Markets
    89 Ratings
    Visit Website
  • Zengo Wallet
    414 Ratings
    Visit Website
  • Nexo
    16,471 Ratings
    Visit Website
  • YouHodler
    28 Ratings
  • Logility
    378 Ratings
    Visit Website
  • Jesta Vision Suite
    25 Ratings
    Visit Website
  • P3Source
    16 Ratings
    Visit Website
  • eToro
    29,698 Ratings
    Visit Website
  • PolyPM
    59 Ratings
    Visit Website
  • Reflectiz
    15 Ratings
    Visit Website

About

Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. Frax is a new paradigm in stablecoin design. Many stablecoin protocols have entirely embraced one spectrum of design (entirely collateralized) or the other extreme (entirely algorithmic with no backing). Collateralized stablecoins either have custodial risk or require on-chain overcollateralization. Frax is the first and only stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means FRAX is the first stablecoin to have part of its supply floating/unbacked.

About

The Parrot Protocol is a DeFi network built on Solana that will include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM. These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible. Today billions of dollars of value are locked in hundreds of DeFi systems and converted into different yield generating tokens, such as the Uniswap LP tokens, or the AAVE interest-bearing tokens. There aren’t many use cases available for these LP tokens. The value locked in DeFi as LP tokens are inaccessible because their risks are opaque, and their units of account unsuitable for human consumption. The Parrot Protocol is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens. Create a margin trading product (virtual AMM) using PAI as the common unit of account.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Fractional-algorithmic stablecoin protocol solution for crypto holders

Audience

Traders, professionals, crypto users and anyone interested in a DeFi network built on Solana

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Frax
Founded: 2019
Cayman Islands
frax.finance/

Company Information

Parrot
parrot.fi/mint/

Alternatives

Alternatives

TrueFi

TrueFi

TrustToken
Atlantis

Atlantis

Atlantis Loans

Categories

Categories

Integrations

Canton
Coin98
Curve Finance
Exponential DeFi
Gate.io
HitBTC
Ledger
MathWallet
MetaMask
Phantom
Risk Harbor
Slope
Solana
Solflare
Solong
Telegram
Yearn

Integrations

Canton
Coin98
Curve Finance
Exponential DeFi
Gate.io
HitBTC
Ledger
MathWallet
MetaMask
Phantom
Risk Harbor
Slope
Solana
Solflare
Solong
Telegram
Yearn
Claim Frax and update features and information
Claim Frax and update features and information
Claim Parrot and update features and information
Claim Parrot and update features and information