Frax Share (FXS) token
Overview
Frax Share (FXS) is the governance and utility token of the Frax ecosystem, a decentralized stablecoin protocol. It is used for protocol governance, staking, and to capture fees generated by the Frax stablecoin (FRAX) and other protocol services.
Within the DeFi Intel graph, Frax Share (FXS) connects to 2 tracked entities, most strongly to Frax Finance, Frax DAO.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Frax Finance | 95% |
supports_token | Frax DAO | 95% |
Frequently asked questions
What is Frax Share (FXS)?
Frax Share (FXS) is the governance and utility token of the Frax ecosystem, a decentralized stablecoin protocol.
What is Frax Share (FXS) used for?
FXS is used for protocol governance, staking, and to capture fees generated by the Frax stablecoin (FRAX) and other protocol services.
Who issues Frax Share (FXS)?
Frax Share (FXS) is issued by Frax Finance.