Frax Finance Says Funds Remained Safe During LayerZero Route Pause
Photo: TokenPost
Frax Finance, a decentralized stablecoin protocol, said its assets and user and protocol funds remained safe after LayerZero, a cross-chain messaging protocol, paused selected routes as a precaution. Frax also said its smart contracts were unaffected. LayerZero provides messaging between blockchain networks. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
