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NEAR AI announces the launch of the Open Agents Alliance
#NEARAI launched the #OpenAgentsAlliance, dedicated to ensuring AI agents and assistants remain open, user-owned, globally accessible, and designed to reward contributors fairly. Open Agents Alliance has been joined by #Coinbase Onramp & Agent Kit, #elizaOS , #Aethir , #PhalaNetwork , #FraxFinance , #Arc, #AkashNetwork, and many others.
Member teams will work on a unified user-owned tech stack, encompassing hardware, confidential computing, inference, agent frameworks, onramps, payment rails, specialized agents, agent tokenization, and user distribution.
👉 x.com/near_ai/status/1895289376755851676
#NEARAI launched the #OpenAgentsAlliance, dedicated to ensuring AI agents and assistants remain open, user-owned, globally accessible, and designed to reward contributors fairly. Open Agents Alliance has been joined by #Coinbase Onramp & Agent Kit, #elizaOS , #Aethir , #PhalaNetwork , #FraxFinance , #Arc, #AkashNetwork, and many others.
Member teams will work on a unified user-owned tech stack, encompassing hardware, confidential computing, inference, agent frameworks, onramps, payment rails, specialized agents, agent tokenization, and user distribution.
👉 x.com/near_ai/status/1895289376755851676
🧪 Meet FRAX – the mad scientist of stablecoins! ⚖️
While most stables are either fully collateralized or fully algorithmic, FRAX looked at both and said, “Why not both?” 💡
$FXS is the first fractional-algorithmic stablecoin, and it’s not just a DeFi experiment — it’s a living, breathing monetary policy in motion. When $FRAX trades above $1, the protocol gets strict and reduces collateral. When it dips below $1, it brings in more backing. It’s like a stablecoin that adjusts its seatbelt depending on the turbulence. 🎢
This self-correcting mechanism balances the best of both worlds — trust in collateral and the magic of algorithms. No wonder FRAX is becoming the go-to building block for next-gen DeFi protocols.
And behind the curtain? The Frax Finance ecosystem is pushing boundaries with FraxLend, FraxSwap, FraxEther, and a growing suite of tools that treat DeFi like serious finance — with stable yield and deep liquidity.
Not your average dollar-pegged token. Not your average DeFi project. FRAX is where stability meets innovation.
#FraxFinance
#FRAX
#StablecoinRevolution
While most stables are either fully collateralized or fully algorithmic, FRAX looked at both and said, “Why not both?” 💡
$FXS is the first fractional-algorithmic stablecoin, and it’s not just a DeFi experiment — it’s a living, breathing monetary policy in motion. When $FRAX trades above $1, the protocol gets strict and reduces collateral. When it dips below $1, it brings in more backing. It’s like a stablecoin that adjusts its seatbelt depending on the turbulence. 🎢
This self-correcting mechanism balances the best of both worlds — trust in collateral and the magic of algorithms. No wonder FRAX is becoming the go-to building block for next-gen DeFi protocols.
And behind the curtain? The Frax Finance ecosystem is pushing boundaries with FraxLend, FraxSwap, FraxEther, and a growing suite of tools that treat DeFi like serious finance — with stable yield and deep liquidity.
Not your average dollar-pegged token. Not your average DeFi project. FRAX is where stability meets innovation.
#FraxFinance
#FRAX
#StablecoinRevolution
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