{"id":77944,"date":"2023-02-23T05:15:31","date_gmt":"2023-02-23T05:15:31","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=77944"},"modified":"2023-02-23T05:15:31","modified_gmt":"2023-02-23T05:15:31","slug":"frax-finance-to-retire-algorithmic-backing-amid-stablecoin-crackdown","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=77944","title":{"rendered":"Frax Finance to retire algorithmic backing amid stablecoin crackdown"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe vote was passed to fully collateralize Frax Finance&#8217;s native stablecoin, thus phasing out its algorithmic backing.<a href=\"https:\/\/cointelegraph.com\/news\/frax-finance-to-retire-algorithmic-backing-amid-stablecoin-crackdown\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>Frax Finance, FXS, FRAX, stablecoins, algorithmic, frxETH, collateral<\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe vote was passed to fully collateralize Frax Finance&#8217;s native stablecoin, thus phasing out its algorithmic backing.Read MoreFrax Finance, FXS, FRAX, stablecoins, algorithmic, frxETH, collateral<\/p>\n","protected":false},"author":0,"featured_media":77945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/77944"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77944"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/77944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/77945"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77944"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}