Frax Finance Unveils Tokenization Strategy to Boost frxUSD Adoption
- —The plan has four steps and pairs tokens with frxUSD
- —Leverage automation will run through Gearbox Protocol
- —frxUSD trades at $0 with no 24-hour volume
Why it matters: If executed, the strategy could lift frxUSD liquidity and demand, setting a precedent for other DeFi projects.
Source: Coinfomania