Frax Share

Frax Share PriceFXS

Rank #364

About Frax Share (FXS)

Contract

Explorers

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$2.22
24H Low$2.13
24H Volume$34.82K
Market Cap
$184.23M
All-Time High(ATH)$42.80
Circulating Supply
84.62M FXS
All-Time Low(ATL)$1.50
Total Supply
99.68M FXS
Market Cap/FDV
84.9%
Max Supply
99.68M FXS
Fully Diluted Valuation
$217.00M
Market SentimentPositive

Live Frax Share (FXS) Price Update

Frax Share price today is $2.17 with a 24-hour trading volume of $34.82K, and as such Frax Share has a market cap of $184.23M, giving it a market dominance of 0.0068%. The Frax Share price moved -0.13% in the last 24 hours.

Time period
Change amount
% Change
1H-$0.008088-0.37%
24H-$0.002835-0.13%
7D+$0.4477+25.88%
30D+$0.2119+10.78%
1Y-$4.82-68.92%

Credibility Indicators

82.61
Reliability Score
Rank #499
PercentileTOP 5%

Popular FXS Exchanges

Team Members

Sam Kazemian
Sam KazemianFounder
Stephen Moore
Stephen MooreCo-Founder
Jason Huan
Jason HuanCo-Founder
Travis Moore
Travis MooreCTO,Co-Founder

Investors

ExNetwork CapitalExNetwork Capital

Tokenomics

Next Unlock Events

.00% Total SupplyFXS --
(.00% Market Cap)--

Unlock Rounds

--

Next Unlock

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vesting info(Links to official documents)

Allocation

Name
Total
Locked
Unlocked
Liquidity Programs / Farming / Community
60.00%60.00%0%
Team / Founders / Early Project Members
20.00%0%20.00%
Prvate Round 2
10.00%0%10.00%
Project Treasury / Grants / Partnerships / Security-Bug-Bounties
5.00%5.00%0%
Strategic Advisors / Outside Early Contributors
3.00%0%3.00%
Private Round 1
2.00%0%2.00%

Vesting Scheule

TotalFXS 1.99M
37.00%FXS 36.88M
65.00%FXS 64.79M
Round
Token Allocation/TGE Unlock
CliffNext UnlockSummary

Unlocked

/Locked

Liquidity Programs / Farming / Community
FXS

59.80M

60.00%

59.80M

0%

0

--

--

FXS 0

FXS 59.80M

Team / Founders / Early Project Members
FXS

19.93M

20.00%

19.93M

0%

6 M

--

6 months-cliff,then 7.692% months for 12 months

FXS 19.93M

FXS 797.45

Jun 27, 2021

Jun 27, 2022

Prvate Round 2
FXS

9.96M

10.00%

9.96M

0%

6 M

--

6 months-cliff,then 7.692% months for 12 months

FXS 9.96M

FXS 398.72

Jun 27, 2021

Jun 27, 2022

Project Treasury / Grants / Partnerships / Security-Bug-Bounties
FXS

4.98M

5.00%

4.98M

0%

0

--

--

FXS 0

FXS 4.98M

Strategic Advisors / Outside Early Contributors
FXS

2.99M

3.00%

2.99M

0%

0

--

then 2.778% months for 35 months

FXS 2.99M

FXS 0

Jan 27, 2021

Dec 27, 2023

Private Round 1
FXS

1.99M

2.00%

1.99M

100%

0

--

100.0% TGE,

FXS 3.98M

FXS 0

Dec 27, 2020

Dec 27, 2020

Fund Flow

Small Orders

Inflow ($)

10.02M

Outflow ($)

537.32K

Medium Orders

Inflow ($)

--

Outflow ($)

--

Large Orders

Inflow ($)

--

Outflow ($)

--

Holding Distribution

Top 5 AddressHolding QtyHolding (%)
0xc841...adc5b0
33.68M33.80%
0x34c0...58bde2
13.96M14.01%
0x6327...bcb4a1
9.60M9.63%
0xf977...41acec
6.25M6.28%
0x9407...0843fa
3.14M3.16%
Others
33.02M33.12%

FAQ

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