0.00 GB / 1.00 GB monthly quota
0.00 GB / 1.00 GB additional quota
0 / 5 daily conversions
/month
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Easily convert UMA to FRXUSD with ConvertOnline's efficient tool.
UMA (Universal Market Access) is a decentralized protocol that enables the creation and trading of synthetic assets on the Ethereum blockchain. By leveraging smart contracts, UMA allows users to gain exposure to a wide range of assets without the need for traditional intermediaries, facilitating greater accessibility in the financial markets.
Frax USD (FRXUSD) is a stablecoin designed to provide price stability while being partially backed by algorithmic mechanisms. It aims to combine the best of both worlds: the reliability of a fiat-backed stablecoin and the innovative scalability of algorithmic stablecoins.