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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

Venus enables the world's first decentralized stablecoin, VAI, built on Binance Smart Chain that is backed by a basket of stablecoins and crypto assets without centralized control. Funds held within the protocol can earn APY's based on the market demand for that asset. Interest is earned by the block and can be used as collateral to borrow assets or to mint stablecoins. You can now tokenize your assets utilizing the Binance Smart Chain and receive portable vTokens that you can freely move around to cold storage, transfer to other users, and more. Use your vToken collateral to borrow from the Venus Protocol instantly with no trading fees, no slippage and directly on-chain. With Venus, you have on-demand liquidity available globally.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Fractional-algorithmic stablecoin protocol solution for crypto holders

Audience

Decentralized marketplace for lenders and borrowers

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Not Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

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 1.0 / 5
ease 4.0 / 5
features 5.0 / 5
design 5.0 / 5
support 1.0 / 5

Pros & Cons from Real Users

Pros

  • Website looks very nice. It's designed by professionals, has very clean look and the project is something that the crypto world could have made good use of.

Cons

  • No dark mode on homepage. The token was hacked or exploited, so it dived.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Frax
Founded: 2019
Cayman Islands
frax.finance/

Company Information

Venus
venus.io

Alternatives

Alternatives

Apricot

Apricot

Apricot Lend
Apricot

Apricot

Apricot Lend
TrueFi

TrueFi

TrustToken

Categories

Crypto Staking Supported
Yield Farms Supported

Categories

Integrations

BNB Smart Chain (BSC) Supported
Aave Supported
Avalanche Supported
Binance Supported
Canton Supported
CoinEx Supported
Curve Finance Supported
Exponential DeFi Supported
HitBTC Supported
MEXC Supported
Matcha Supported
MetaMask Supported
Moonriver Supported
Morpho Supported
Risk Harbor Supported
Uniswap Supported
Yearn Supported
vfat.tools Supported

Integrations

BNB Smart Chain (BSC) Supported
Aave Not Supported
Avalanche Not Supported
Binance Not Supported
Canton Not Supported
CoinEx Not Supported
Curve Finance Not Supported
Exponential DeFi Not Supported
HitBTC Not Supported
MEXC Not Supported
Matcha Not Supported
MetaMask Not Supported
Moonriver Not Supported
Morpho Not Supported
Risk Harbor Not Supported
Uniswap Not Supported
Yearn Not Supported
vfat.tools Not Supported
Claim Frax and update features and information
Claim Frax and update features and information
Claim Venus and update features and information
Claim Venus and update features and information