Cryptocurrency Q&A What is the FRAX rate?

What is the FRAX rate?

JejuJoy JejuJoy Thu Jun 27 2024 | 5 answers 1540
Excuse me, I'm a bit of a novice in the cryptocurrency world and I've been hearing a lot about FRAX lately. Could you please explain to me in simple terms what the FRAX rate is? I understand it's some sort of stablecoin, but I'm not quite sure how its rate is determined or what factors influence it. Is it pegged to a specific fiat currency? And how does its price stability compare to other similar cryptocurrencies? Any insight you could provide would be greatly appreciated. What is the FRAX rate?

5 answers

Tommaso Tommaso Sat Jun 29 2024
The FRAX score serves as an indicator of fracture risk in individuals.

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JejuSunshineSoulMate JejuSunshineSoulMate Sat Jun 29 2024
A FRAX score of 3% or higher for hip fracture signifies a potentially elevated risk.

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MysticInfinity MysticInfinity Sat Jun 29 2024
Similarly, a score of 20% or more for other major osteoporosis fractures indicates a similar elevated risk.

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Eleonora Eleonora Fri Jun 28 2024
The presence of such scores may prompt your doctor to initiate discussions regarding treatment options.

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lucas_clark_artist lucas_clark_artist Fri Jun 28 2024
These treatment options are aimed at reducing the risk of fracture, as the elevated scores suggest an increased likelihood of such occurrences.

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