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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
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

Decentralized marketplace for lenders and borrowers

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:

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Reviews/Ratings

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

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

Venus
venus.io

Alternatives

Alternatives

TrueFi

TrueFi

TrustToken

Categories

Categories

Integrations

BNB Smart Chain (BSC)
1inch
Aave
Avalanche
CoinEx
Crypto.com
Curve Finance
Exponential DeFi
HitBTC
MEXC
MetaMask
Morpho
Polygon
Risk Harbor
SushiSwap
Yearn
vfat.tools

Integrations

BNB Smart Chain (BSC)
1inch
Aave
Avalanche
CoinEx
Crypto.com
Curve Finance
Exponential DeFi
HitBTC
MEXC
MetaMask
Morpho
Polygon
Risk Harbor
SushiSwap
Yearn
vfat.tools
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