Institutions
INSTITUTIONAL PRODUCTS
WHO WE SERVE
$4.86
-$3.43 (-41.38%)
Past year
Volume (24H)
--
Circulating Supply
78.94M
Market Cap
$387.7M
About Frax Share (FXS)
Frax Finance is a decentralized lending platform which issues the FRAX stablecoin. Frax Finance algorithmically sustains the value of FRAX through the use of fractional collateral reserves. The collateral used on Frax Finance is split between an accepted collateral (e.g. ether) and Frax Finance’s governance token, FXS. The collateralization ratio for FRAX changes based on its price.
Can your friends make you $50K?
Refer friends to Gemini. The higher their club level, the higher your rewards!
Frax Share Cryptopedia articles
Frax (FRAX): A New Kind of Stablecoin
Cryptopedia Staff • 5 min read
See more