Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.

Original source: Cointelegraph