Who is the founder of FRAX coin?

The launch of Frax was met with overwhelming enthusiasm from the crypto community. Within just an hour of going live, the total value locked in Frax's ecosystem had already reached an impressive $43 million. This feat served as a testament to the trust and confidence that investors had placed in Frax.

Frax, a pioneering project in the decentralized finance space, was conceived and brought to life by a trio of visionary individuals: Sam Hamidi-Kazemian, Travis Moore, and Jason Huan. These founders shared a common vision of creating a new financial system that transcends traditional barriers.

In May 2019, Frax made its official debut, introducing itself as a Decentral Bank. This announcement marked the beginning of a new era in finance, where trust and stability could be achieved through decentralized means.

Following months of anticipation and development, Frax was finally launched on the Ethereum Mainnet in December 2020. This momentous occasion marked the official entry of Frax into the world of decentralized finance, ready to disrupt and redefine the industry.

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