On June 26th, Frax Finance announced a partnership with NEAR Protocol to further realize the multi-chain vision through programmable currency and user-owned artificial intelligence. More than $5.50 million of FRAX has been bridged and provided to NEAR eco-DeFi projects BurrowFinance and RefFinance. Frax interest-bearing USD and ETH assets sFRAX and sfrxETH will also power NEAR DeFi.