Frax Share FXS
$4.4531 5.11%
Latest Updates
Updated at 02:50$352,533,503.48
#181
$19,308,008.31 21.94%
+$0.22746 5.11%
+$0.31465 7.07%
What about Frax Protocol?
FXS is a cryptocurrency based on the Frax Protocol, which is the world’s first fractional algorithmic stablecoin ecosystem. It seeks to provide users with ways to access scalable, algorithmic, decentralized money that could replace cryptocurrencies like BTC. “Fractional algorithmic” means that both collateral and algorithms back it. The ratio of the supply backed by either method depends on the asset’s price. The project is fully permissionless and open source and exists entirely on-chain. Frax uses a dual-token system, with FRAX the stablecoin and FXS the utility token.
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+$0.16312 50.10%
+$0.02776 44.69%
+$0.0628 34.99%
+$3.1009 20.75%
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+$0.00015 19.03%
+$0.05065 16.31%
+$0.63342 16.29%
+$0.0009 14.98%
+$0.09374 14.91%
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