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PANews reported on October 9 that according to the FRAX V3 document officially released by the stablecoin protocol Frax Finance, Frax V3 introduces two internal sub-protocols, namely the decentralized lending market Fraxlend and the automated market maker Fraxswap, and will use an external protocol Curve comes to participate in the stability mechanism of AMO; in addition, it also introduces 5 mechanisms: complete external collateral, anchoring to the US dollar, IORB oracle, elimination of multi-signature trust assumptions, and non-redeemability.

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