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Cryptocurrency Q&A How is FRAX pegged?

How is FRAX pegged?

CryptoWizard CryptoWizard Tue Oct 15 2024 | 5 answers 680
I'm curious about the mechanism behind FRAX's pegging. How does it maintain its peg and what are the factors involved in this process? I would like to understand the technicalities and dynamics of FRAX's pegging system. How is FRAX pegged?
frax pegged currency

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