{"id":"https://openalex.org/W4296443046","doi":"https://doi.org/10.1109/blockchain55522.2022.00063","title":"Frax: A Fractional-Algorithmic Stablecoin Protocol","display_name":"Frax: A Fractional-Algorithmic Stablecoin Protocol","publication_year":2022,"publication_date":"2022-08-01","ids":{"openalex":"https://openalex.org/W4296443046","doi":"https://doi.org/10.1109/blockchain55522.2022.00063"},"language":"en","primary_location":{"id":"doi:10.1109/blockchain55522.2022.00063","is_oa":false,"landing_page_url":"https://doi.org/10.1109/blockchain55522.2022.00063","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2022 IEEE International Conference on Blockchain (Blockchain)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5008818524","display_name":"Sam Kazemian","orcid":null},"institutions":[{"id":"https://openalex.org/I128932393","display_name":"University College of the Cayman Islands","ror":"https://ror.org/03ebv4744","country_code":"KY","type":"education","lineage":["https://openalex.org/I128932393"]}],"countries":["KY"],"is_corresponding":true,"raw_author_name":"Sam Kazemian","raw_affiliation_strings":["Everipedia Grand Cayman,Cayman Islands","Everipedia Grand Cayman, Cayman Islands"],"affiliations":[{"raw_affiliation_string":"Everipedia Grand Cayman,Cayman Islands","institution_ids":["https://openalex.org/I128932393"]},{"raw_affiliation_string":"Everipedia Grand Cayman, Cayman Islands","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5041387036","display_name":"Jason Huan","orcid":null},"institutions":[{"id":"https://openalex.org/I2799798094","display_name":"UCLA Health","ror":"https://ror.org/01d88se56","country_code":"US","type":"funder","lineage":["https://openalex.org/I2799798094"]},{"id":"https://openalex.org/I4210156583","display_name":"Laboratoire d'Informatique de Paris-Nord","ror":"https://ror.org/05g1zjw44","country_code":"FR","type":"facility","lineage":["https://openalex.org/I1294671590","https://openalex.org/I1294671590","https://openalex.org/I4210091279","https://openalex.org/I4210156583","https://openalex.org/I4210159245"]}],"countries":["FR","US"],"is_corresponding":false,"raw_author_name":"Jason Huan","raw_affiliation_strings":["UCLA,Computer Science Department,Los Angeles,USA","Computer Science Department, UCLA, Los Angeles, USA"],"affiliations":[{"raw_affiliation_string":"UCLA,Computer Science Department,Los Angeles,USA","institution_ids":["https://openalex.org/I2799798094","https://openalex.org/I4210156583"]},{"raw_affiliation_string":"Computer Science Department, UCLA, Los Angeles, USA","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5008674124","display_name":"Jonathan Shomroni","orcid":"https://orcid.org/0000-0003-2555-5603"},"institutions":[{"id":"https://openalex.org/I138898306","display_name":"Reichman University","ror":"https://ror.org/01px5cv07","country_code":"IL","type":"education","lineage":["https://openalex.org/I138898306"]}],"countries":["IL"],"is_corresponding":false,"raw_author_name":"Jonathan Shomroni","raw_affiliation_strings":["Arison School of Business, Reichman University,Herzliya,Israel","Arison School of Business, Reichman University, Herzliya, Israel"],"affiliations":[{"raw_affiliation_string":"Arison School of Business, Reichman University,Herzliya,Israel","institution_ids":["https://openalex.org/I138898306"]},{"raw_affiliation_string":"Arison School of Business, Reichman University, Herzliya, Israel","institution_ids":["https://openalex.org/I138898306"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5001561915","display_name":"Kedar Iyer","orcid":null},"institutions":[{"id":"https://openalex.org/I128932393","display_name":"University College of the Cayman Islands","ror":"https://ror.org/03ebv4744","country_code":"KY","type":"education","lineage":["https://openalex.org/I128932393"]}],"countries":["KY"],"is_corresponding":false,"raw_author_name":"Kedar Iyer","raw_affiliation_strings":["Everipedia Grand Cayman,Cayman Islands","Everipedia Grand Cayman, Cayman Islands"],"affiliations":[{"raw_affiliation_string":"Everipedia Grand Cayman,Cayman Islands","institution_ids":["https://openalex.org/I128932393"]},{"raw_affiliation_string":"Everipedia Grand Cayman, Cayman Islands","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":4,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5008818524"],"corresponding_institution_ids":["https://openalex.org/I128932393"],"apc_list":null,"apc_paid":null,"fwci":3.6378,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.93902054,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":91,"max":98},"biblio":{"volume":null,"issue":null,"first_page":"406","last_page":"411"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9836999773979187,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9807999730110168,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/frax","display_name":"FRAX","score":0.926155686378479},{"id":"https://openalex.org/keywords/collateralization","display_name":"Collateralization","score":0.7567564249038696},{"id":"https://openalex.org/keywords/collateralized-debt-obligation","display_name":"Collateralized debt obligation","score":0.6444532871246338},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5212231874465942},{"id":"https://openalex.org/keywords/collateral","display_name":"Collateral","score":0.5029990077018738},{"id":"https://openalex.org/keywords/protocol","display_name":"Protocol (science)","score":0.46230924129486084},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.41177898645401},{"id":"https://openalex.org/keywords/medicine","display_name":"Medicine","score":0.27797019481658936},{"id":"https://openalex.org/keywords/internal-medicine","display_name":"Internal medicine","score":0.23977604508399963},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.15021121501922607},{"id":"https://openalex.org/keywords/machine-learning","display_name":"Machine learning","score":0.10987809300422668},{"id":"https://openalex.org/keywords/pathology","display_name":"Pathology","score":0.08162298798561096}],"concepts":[{"id":"https://openalex.org/C2777525943","wikidata":"https://www.wikidata.org/wiki/Q1389491","display_name":"FRAX","level":5,"score":0.926155686378479},{"id":"https://openalex.org/C2781223538","wikidata":"https://www.wikidata.org/wiki/Q4227941","display_name":"Collateralization","level":3,"score":0.7567564249038696},{"id":"https://openalex.org/C86537402","wikidata":"https://www.wikidata.org/wiki/Q1108930","display_name":"Collateralized debt obligation","level":3,"score":0.6444532871246338},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5212231874465942},{"id":"https://openalex.org/C2777910564","wikidata":"https://www.wikidata.org/wiki/Q694563","display_name":"Collateral","level":2,"score":0.5029990077018738},{"id":"https://openalex.org/C2780385302","wikidata":"https://www.wikidata.org/wiki/Q367158","display_name":"Protocol (science)","level":3,"score":0.46230924129486084},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.41177898645401},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.27797019481658936},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.23977604508399963},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.15021121501922607},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.10987809300422668},{"id":"https://openalex.org/C142724271","wikidata":"https://www.wikidata.org/wiki/Q7208","display_name":"Pathology","level":1,"score":0.08162298798561096},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C2994343686","wikidata":"https://www.wikidata.org/wiki/Q1753467","display_name":"Osteoporotic fracture","level":4,"score":0.0},{"id":"https://openalex.org/C2776541429","wikidata":"https://www.wikidata.org/wiki/Q165328","display_name":"Osteoporosis","level":2,"score":0.0},{"id":"https://openalex.org/C204787440","wikidata":"https://www.wikidata.org/wiki/Q188504","display_name":"Alternative medicine","level":2,"score":0.0},{"id":"https://openalex.org/C2776886416","wikidata":"https://www.wikidata.org/wiki/Q4941567","display_name":"Bone mineral","level":3,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/blockchain55522.2022.00063","is_oa":false,"landing_page_url":"https://doi.org/10.1109/blockchain55522.2022.00063","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2022 IEEE International Conference on Blockchain (Blockchain)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":22,"referenced_works":["https://openalex.org/W2804947882","https://openalex.org/W2895445510","https://openalex.org/W2968269657","https://openalex.org/W2972500917","https://openalex.org/W2981167869","https://openalex.org/W3021220626","https://openalex.org/W3022332714","https://openalex.org/W3033445019","https://openalex.org/W3046664251","https://openalex.org/W3096756682","https://openalex.org/W3106455515","https://openalex.org/W3119414530","https://openalex.org/W3123455513","https://openalex.org/W3124446546","https://openalex.org/W3126512186","https://openalex.org/W3131034604","https://openalex.org/W4288079492","https://openalex.org/W6767197993","https://openalex.org/W6776015165","https://openalex.org/W6781273758","https://openalex.org/W6786435398","https://openalex.org/W6790000218"],"related_works":["https://openalex.org/W2973548739","https://openalex.org/W3122092410","https://openalex.org/W3095698851","https://openalex.org/W2908082044","https://openalex.org/W3123685517","https://openalex.org/W3115140880","https://openalex.org/W1528328328","https://openalex.org/W3146677192","https://openalex.org/W2735166841","https://openalex.org/W3123697014"],"abstract_inverted_index":{"A":[0,67],"2-token,":[1],"fully":[2,9,14],"autonomous":[3],"blockchain":[4],"protocol":[5,87],"which":[6],"transitions":[7,108],"a":[8,18,38,86,110],"collateralized":[10,117],"stablecoin":[11,106],"(FRAX)":[12],"to":[13,54,109],"algorithmic,":[15],"moving":[16],"through":[17],"fractional-collateral":[19],"phase":[20],"is":[21,26,90],"proposed":[22],"and":[23,48,97],"implemented.":[24],"FRAX":[25,36,89],"backed":[27],"100%":[28],"by":[29],"collateral":[30],"at":[31],"genesis.":[32],"As":[33],"usage":[34],"of":[35,40,64,95],"as":[37,58,60,104],"medium":[39],"exchange":[41],"grows,":[42],"so":[43],"does":[44],"its":[45,115],"monetary":[46],"premium":[47],"demand.":[49],"This":[50,84],"allows":[51],"the":[52,61,71,77,101,105],"backing":[53],"be":[55],"incrementally":[56],"lowered":[57],"long":[59],"price":[62],"target":[63],"$1/FRAX":[65],"holds.":[66],"second":[68],"token":[69],"in":[70],"system,":[72],"Frax":[73],"Shares":[74],"(FXS),":[75],"captures":[76],"seigniorage":[78],"value":[79,103],"when":[80],"minting":[81],"non-collateralized":[82,102],"value.":[83],"creates":[85],"where":[88],"mintable":[91],"with":[92],"decreasing":[93],"ratios":[94],"collateralization":[96],"FXS":[98],"tokens":[99],"capture":[100],"slowly":[107],"predominantly":[111],"algorithmic":[112],"model":[113],"from":[114],"original":[116],"state.":[118]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":6},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}