Frax Finance Partners With Karak To Enhance Re-Staking Functions

According to BlockBeats, on September 26, Frax Finance, a hybrid algorithmic stablecoin protocol, announced a partnership with the re-staking layer Karak. This collaboration aims to introduce native re-staking functions and decentralized security services (DSS) into the Frax Finance ecosystem. The integration will also be natively supported on Fraxtal, a move that is expected to accelerate the realization of universally verifiable finance.