F
Frax Share PriceFXS
Rank #304
$1.73
+11.22%How do you feel about Frax Share(FXS) today?
50%50%
Finance
Simple Earn
APR
87.60%Type
Current
About Frax Share (FXS)
Contract
0
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.
Frax Share (FXS) Price Trends
24H High$1.76
24H Low$1.51
24H Volume$274.97K
Market Cap
$152.99MAll-Time High(ATH)$42.80
Circulating Supply
88.23M FXSAll-Time Low(ATL)$1.26
Total Supply
99.68M FXSMarket Cap/FDV
88.51%Max Supply
99.68M FXSFully Diluted Valuation
$172.84MMarket SentimentPositive
Live Frax Share (FXS) Price Update
Frax Share price today is $1.73 with a 24-hour trading volume of $274.97K, and as such Frax Share has a market cap of $152.99M, giving it a market dominance of 0.0059%. The Frax Share price moved +11.22% in the last 24 hours.
Time period | Change amount | % Change |
|---|---|---|
| 1H | +$0.01903 | +1.11% |
| 24H | +$0.1749 | +11.22% |
| 7D | +$0.178 | +11.44% |
| 30D | -$0.09607 | -5.25% |
| 1Y | -$7.39 | -81.01% |
Credibility Indicators
83.31
Reliability Score
PercentileTOP 5%
U FXS to USD | $1.72 USD |
E FXS to EUR | €1.54 EUR |
I FXS to INR | ₹143.78 INR |
I FXS to IDR | Rp26107.12 IDR |
C FXS to CAD | $2.33 CAD |
G FXS to GBP | £1.29 GBP |
T FXS to THB | ฿56.76 THB |
R FXS to RUB | ₽159.04 RUB |
B FXS to BRL | R$9.36 BRL |
A FXS to AED | د.إ6.32 AED |
T FXS to TRY | ₺58.74 TRY |
C FXS to CNY | ¥12.14 CNY |
J FXS to JPY | ¥247.83 JPY |
H FXS to HKD | $13.41 HKD |
Team Members
S
Sam KazemianFounder
S
Stephen MooreCo-Founder
J
Jason HuanCo-Founder
T
Travis MooreCTO,Co-Founder
Investors
E
ExNetwork CapitalNews
2024-08-22 01:04
区块律动
