FRAX
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F04%2Ffrax-finance.jpg&w=1536&q=40)
Other Frax Finance tokens, including the Frax Price Index (FPI) and FraxEther (frxETH), are expected to be available at a later date.
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F10%2Fallweather.jpg&w=1536&q=40)
“You don’t want to become riskier as you get bigger,” Kazemian says. “That’s not a recipe for a good ending”
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F10%2Ffrax.jpg&w=1536&q=40)
The decentralized stablecoin project is launching the sFRAX savings vault in a bid to offer users Treasury yields
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F08%2Ffrax.jpg&w=1536&q=40)
Frax Finance founder Sam Kazemian says an “open-ended market” is the optimal way to run liquid staking validators
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F05%2Fethereum-staking-validator.jpg&w=1536&q=40)
Following several upgrades and a switch in its consensus model, Ethereum is experiencing a surge in validator demand
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F02%2FFrax-stablecoin.jpg&w=1536&q=40)
98% of community members have voted in favor of becoming a fully collateralized stablecoin
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F01%2Fethereum-ETH-coop.jpg&w=1536&q=40)
The new product is a tokenized basket of ETH staking providers’ ether derivatives including Lido, Rocket Pool and StakeWise — but not Coinbase
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2022%2F05%2FStablecoins-revised.jpg&w=1536&q=40)
One month on from Terra ecosystem implosion, only one cryptoasset in the top 100 is in the green
Get the daily newsletter that helps thousands of investors understand the markets.