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Description
Frax operates as an open-source, permissionless protocol that is fully integrated on-chain, currently functioning on Ethereum and several other blockchain networks. The primary objective of the Frax protocol is to develop a highly scalable and decentralized form of algorithmic currency to replace fixed-supply digital assets such as Bitcoin. This innovative approach represents a significant shift in the design of stablecoins. While many existing stablecoin protocols have rigidly adhered to either being fully collateralized or entirely algorithmic without any backing, Frax introduces a hybrid model. Traditional collateralized stablecoins often face custodial risks or necessitate overcollateralization on-chain. In contrast, Frax uniquely combines both backed and algorithmic components in its supply, establishing itself as the first stablecoin to feature a portion of its supply as floating or unbacked. This duality not only enhances the stability of the currency but also paves the way for a more dynamic and adaptable financial ecosystem.
Description
Unlock the potential of Switchboard, a decentralized network that effortlessly links applications to real-world data. Enhance your smart contracts through an advanced execution layer that enables swift integration of any data source onto the blockchain. The Switchboard Network employs Trusted Execution Environments (TEEs) to guarantee the authenticity of executions at the hardware level, ensuring robust security. It offers a flexible, permissionless, and customizable framework tailored for developers. With a comprehensive suite of services, Switchboard addresses all your on-chain data requirements with ease. The Switchboard app serves as a versatile development tool, providing an integrated interface for leveraging our extensive range of services. It supports developers throughout the entire process, from the creation and editing of feeds to monitoring and management. By utilizing Switchboard, you can inject secure, trustworthy, and real-time data into your smart contracts while enjoying affordable customization options. In doing so, you empower your applications to operate with unparalleled efficiency and reliability.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Arbitrum
Yes
Aptos
No
Avalanche
Yes
Binance
Yes
Canton
Yes
Chainlink
No
CoinEx
Yes
Core
No
Drift
No
HitBTC
Yes
Integrations
Arbitrum
Yes
Aptos
Yes
Avalanche
No
Binance
No
Canton
No
Chainlink
Yes
CoinEx
No
Core
Yes
Drift
Yes
HitBTC
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Frax
Founded
2019
Country
Cayman Islands
Website
frax.finance/
Vendor Details
Company Name
Switchboard
Website
switchboard.xyz/
