Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin

Brasil Notícia Notícia

Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

The vote means a significant shift for fraxfinance, as it essentially eliminates the algorithmic element of keeping FRX’s price pegged to the dollar. The decision follows a horrible 2022 for algorithmic stablecoins. sndr_krisztian reports

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

CoinDesk /  🏆 291. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Composable Finance CEO denies legal violations as CTO steps downComposable Finance CEO denies legal violations as CTO steps downComposable Finance CEO Omar Zaki has vigorously denied allegations that his firm violated SEC cease-and-desist orders, among other allegations laid out by their former CTO Karel Kubat.
Consulte Mais informação »

Finance minister Forbes runs to be Scotland's next leaderFinance minister Forbes runs to be Scotland's next leaderScottish finance minister Kate Forbes on Monday set out her intention to run in a contest to replace Nicola Sturgeon as the country's first minister and said she would have opposed some of the government's policies such as gay marriage.
Consulte Mais informação »

Idaho House of Reps Votes No to Student IDs at PollsIdaho House of Reps Votes No to Student IDs at Polls“The problem with student ID cards is that they are not secure,” Republican representative Tina Lambert said.
Consulte Mais informação »

Hope Finance exploit results in $2M stolen from users’ fundsHope Finance exploit results in $2M stolen from users’ fundsA smart contract exploit sees $2 million stolen from Arbitrum-based algorithmic stablecoin project Hope Finance.
Consulte Mais informação »

Montgomery Mayor Steven Reed: Leaked profanity-filled audio about Black votes part of extortion attemptMontgomery Mayor Steven Reed: Leaked profanity-filled audio about Black votes part of extortion attemptRecordings purportedly of Montgomery Mayor Steven Reed — in which he peppered diatribes with profanity while referencing the Black vote, among other issues — were leaked this week. Reed responded, saying the recordings were part of an extortion attempt.
Consulte Mais informação »

Wisconsin votes on balance of state Supreme Court as abortion, election rights decisions loomWisconsin votes on balance of state Supreme Court as abortion, election rights decisions loomThe race has garnered national attention because the winner could hold the key to several pivotal votes on some of the state’s most important issues, including abortion and election rights.
Consulte Mais informação »



Render Time: 2025-02-27 23:06:41