Recently, I have seen many discussions about $FRAX, and I found that there are significant misconceptions about this project in the market. Some analysts treat it as a stablecoin to short, but this judgment itself is problematic.

In fact, FRAX's current positioning is as a governance token, not a stablecoin. The project team did indeed develop a stablecoin product before, but it has been renamed. The issue is—some platform information systems still use the old description, which leads new users to be easily misled.

Trading based on incorrect information carries high risks. You can short if you want, but it must be based on a correct understanding of the project and your own logical judgment. Blindly following the crowd to trade based on wrong reasons increases the likelihood of losing money.

When market information is chaotic, it is often the easiest time to get caught in traps. I still recommend everyone to understand the basic situation of the project before making a move.