To Study:

• https://twitter.com/0xHamz/status/1510230733817794571/
• https://twitter.com/kamikaz_eth/status/1510218881105031170?s=21&t=L5nslBF670Vr47bSIqAhkw

📚Resources

• Frax documentation: https://docs.frax.finance/overview
• FPI airdrop
  • Frax Finance and cvxFXS announcement details by Convex Finance
• Staking
  • Stake veFXS: https://app.frax.finance/vefxs
  • Stake cvxFXS: https://frax.convexfinance.com/

📰Articles/Videos

• How Frax beats the Rest by jackchong.eth
• Short ramblings on Frax by Seba
• Frax Overview - Explainer (YouTube video) by Ceazor's Snack Sandwich
• FRAX Finance - V2 AMOs + veFXS and cvxFXS (YouTube video) by Ceazor's Snack Sandwich

Twitter Threads

• Twitter megathread on Frax by @alphaketchum
• What is FPI and how does it relate to the rest of the Frax ecosystem?
• FPI airdrop alpha
• https://twitter.com/JieDefi/status/1455831038824009735?s=20

TLDR;

• FRAX is a decentralized stablecoin that is semi-collateralized by USDC and algorithmically backed by its seignorage share, Frax Shares (FXS).
• Frax attempts to implement design principles of both to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.