Frax

Halal Rating :
Questionable
Last Price $1.00 Last updated:
Rank 217
1D Change -0.02 %
Market Cap $648.27m
Circulating supply 649,434,271
Maximum supply None

Crypto Overview

Categories
  • DeFi
  • Stablecoin
  • Algorithmic Stablecoin
  • Seigniorage
  • Avalanche Ecosystem
  • Polygon Ecosystem
  • Fantom Ecosystem
  • Arbitrum Ecosystem
  • Moonriver Ecosystem
  • USD Stablecoin
  • Optimism Ecosystem

The first fractional-algorithmic stablecoin

Crypto Impact

To assign a comfort level investing in Frax from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Frax.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating