Precio de Frax

Frax is an algorithmic stablecoin designed to maintain price stability equal to 1 US dollar. Unlike traditional overcollateralized stablecoins like DAI, Frax is partially backed by USDC and its native token FXS.

The Frax Finance ecosystem includes several components:

1. Frax Stablecoin: Frax's main stablecoin designed to maintain price stability equal to 1 US dollar.
2. Frax Price Index (FPI): The second stablecoin in the Frax Finance ecosystem, FPI is pegged to a basket of real-world consumer goods defined by the average US CPI-U, aiming to maintain stability with real-world price indices.
3. Fraxlend: Permissionless lending market allowing users to borrow and lend Frax tokens.
4. Frax Ferry: Secure means of transporting and moving Frax tokens.

Frax's algorithmic stablecoin design model maintains price stability through dynamic adjustments and releases stablecoin dividends to participating users.