WebMay 11, 2024 · The Frax protocol is a two-token system comprising Frax (FRAX), a stablecoin, and Frax Shares (FXS), its governance token. FRAX is always pegged to $1, and its collateral ratio is adjusted according to the market demands to keep FRAX’s price at $1 … WebFrax Share (FXS) price has declined today. The price of Frax Share (FXS) is $8.47 today with a 24-hour trading volume of $18,725,219. This represents a -5.92% price decline in the last 24 hours and a -10.85% price decline in the past 7 days. With a circulating supply of 71 …
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Frax Cryptocurrency - The first fractional-reserve stablecoin
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