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TechFlow reports that Frax Finance is collaborating with Noble to bring Frax stablecoins to the Cosmos ecosystem.
The initial launch of Frax on Noble will include FRAX, a decentralized stablecoin that combines collateral and algorithmic mechanisms to maintain price stability, and sFRAX, the staked version of FRAX designed to generate yield.
Frax Finance is collaborating with Noble to bring Frax stablecoins to the Cosmos ecosystem. The initial launch of Frax on Noble will include FRAX, a decentralized stablecoin that combines collateral and algorithmic mechanisms to maintain price stability, and sFRAX, the staked version of FRAX designed to generate yield.
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