Frax Finance forays into the RWA space

📆 10/15/2023 2:59 AM
📰 CryptoAmb

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Frax Finance fortifies its position in the DeFi arena through the strategic adoption of Real World Assets (RWA).

Frax Finance bolsters its position in the DeFi space by embracing Real World Assets , a strategic move to optimize collateral and income.Positive performance metrics and a promising RWA strategy boosted Frax’s potential in the DeFi sector.

Frax Finance’s latest iteration, Frax v3, was designed with the goal of achieving full collateralization through the utilization of assets such as RWAs. The protocol integrates internal stability mechanisms like Fraxlend and Fraxswap, while external support from Curve adds an additional layer of stability.

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