

This cryptocurrency is not listed for trading or services on Gate.
Frax Share(FXS) Price Live Chart
Frax Share(FXS) Price Today
Frax Share(FXS) price today is $2.55, with a 24-hour trading volume of $0 and as such Frax Share(FXS) has a market cap of $231.14M, giving it a market dominance of 0.0074%. The Frax Share(FXS) price moved +0.00% in the last 24 hours.
FXS Price Data
- All-Time High(ATH)$42.8
- All-Time Low(ATL)$1.26
FXS Market Cap Infos
- Market Cap$231.14M
- Fully Diluted Valuation$254.18M
- Market Cap/FDV90.94%
- Market SentimentNegative
FXS Supply
- Circulating Supply90.64M FXS
- Total Supply99.68M FXS
- Max Supply99.68M FXS
Frax Share(FXS) Credibility Indicators
81.69
Reliability Score
PercentileTOP 5%
About Frax Share (FXS)
Contract

0x3432b6a...9d9c964d0
Explorers
etherscan.io
Website
frax.finance
FraX Finance (FraX for short), formerly known as decentral bank, is a fractional algorithm stable currency protocol. FraX is an open source, unauthorized, and fully chained protocol. It is currently running on Ethereum (cross chained operation may be realized in the future). The ultimate goal of FraX protocol is to provide a highly scalable and decentralized algorithm currency to replace fixed supply digital assets such as BTC. FraX is a stable currency, with a target of about $1 / currency. FraX shares (FXS) is a governance token that accumulates fees, seizure income, and excess collateral value. FraX (FraX) is a partially algorithmic stable currency, whose supply is partly supported by collateral and partly algorithmic stable. The ratio of collateral depends on the market price of FraX stabilization currency. If the trading price of FraX is higher than US $1, the agreement will reduce the collateral ratio. If the trading price of FraX is less than US $1, the agreement will increase the collateral ratio. FraX share (FXS) is the unstable erc-20 governance token of FraX, and has the following use cases: Governance: granting the token holder governance rights to add / adjust the mortgage asset pool, setting the coinage / redemption fee, and changing the update rate of the mortgage rate. Mortgage: mortgage in various pools to earn rebate at the inclined annualized rate of return. Casting and Redemption: FXS will be destroyed when casting FraX, and FXS will be cast when redeeming FraX. Rewards: users who deposit uniswap LP tokens into an incentive pool can receive FXS rewards. In the initial stage, FraX is pledged at a proportion of 100%, which means that the forging of FraX only needs to put the collateral into the coin contract. In the partial mortgage stage, the foundry FraX needs to provide an appropriate proportion of collateral and destroy FXS.
Team Members Frax Share (FXS)

Sam KazemianFounder

Stephen MooreCo-Founder

Jason HuanCo-Founder

Travis MooreCo-Founder
CTO
Frax Share (FXS) Investors

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