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

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

” Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment “ The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of experimentation with algorithmic stablecoins could finally…

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# DeFi security: How trustless bridges can help protect users

# DeFi security: How trustless bridges can help protect users

” DeFi security: How trustless bridges can help protect users “ Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin (USDC) on the Ethereum or Solana blockchains to interact with the decentralized applications (DApps) on those networks. While these protocols may…

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