Is the FRAX safe?
Could you please elaborate on the safety aspect of FRAX? Given its uniqueness in the cryptosphere, how does it ensure secure transactions and protect investors' funds? Also, are there any potential risks associated with FRAX that investors should be aware of? I'm particularly interested in understanding its resilience against market volatility and hacks. Could you provide insights on these matters?
When not to use FRAX?
Could you please elaborate on the scenarios where FRAX should not be utilized? Are there any specific market conditions, investment goals, or risk profiles that would advise against using FRAX? Additionally, are there any potential drawbacks or limitations of FRAX that investors should be aware of? Finally, how does one assess if FRAX is suitable for their portfolio given their unique financial situation and objectives?
How long has FRAX been around?
Could you please elaborate on the duration of FRAX's existence? I'm curious to know how long this cryptocurrency has been operational in the market. Has it been around for a considerable amount of time, or is it a relatively new entrant in the crypto sphere? I'm interested in understanding its historical background and how it has evolved over time. Could you provide some insights into its longevity and the timeline of its emergence?