Frax Finance has partnered with NEAR to integrate NEAR DA into Fraxtal

ChainCatcher message, Frax Finance announced a partnership with NEAR Protocol on X, further realizing the multi-chain vision through programmable money and user-owned artificial intelligence.

Currently, over $5.5 million of FRAX has been bridged and provided to NEAR ecosystem DeFi projects Burrow Finance and Ref Finance. Frax's yield-bearing dollars and ETH assets sFRAX and sfrxETH will also power NEAR DeFi.

Additionally, through this collaboration, Frax will integrate NEAR DA into Fraxtal, serving as a liquidity hub for all cryptocurrencies.