Is it ERC20?
Frax Share
FXS
Overview
Frax Share (FXS) is the governance token for the Frax Protocol, a pioneering algorithmic stablecoin system that blends fractional collateralization with algorithmic stabilization. FXS empowers token holders to vote on key protocol decisions and benefits from the growth and usage of the ecosystem.
Key Features
Stability
Pegged 1:1 to the US Dollar
Wide Adoption
Available on multiple blockchains
Market Information
Technical Details
Integration Projects
Frax Protocol
Visit →The core framework behind the FRAX stablecoin and its FXS governance token, focusing on algorithmic stability and fractional collateralization.
Frax Swap
Visit →A decentralized exchange within the Frax ecosystem that facilitates liquidity provision and token swaps with an emphasis on efficiency and low slippage.
Frax Lending
Visit →A lending platform that allows users to collateralize assets and borrow against their holdings, leveraging the stability of FRAX and the governance of FXS.