veFXS token
Overview
veFXS is the vote-escrowed version of the FXS token in the Frax Finance ecosystem. It is obtained by locking FXS for a chosen duration, granting governance voting rights, fee sharing, and boosted rewards on Frax protocols. veFXS is non-transferable and its voting power decays linearly over the lock period.
Within the DeFi Intel graph, veFXS connects to 1 tracked entity, most strongly to Frax Finance.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Frax Finance | 95% |
Frequently asked questions
What is veFXS?
veFXS is the vote-escrowed version of the FXS token in the Frax Finance ecosystem. It is obtained by locking FXS for a chosen duration, granting governance voting rights, fee sharing, and boosted rewards on Frax protocols.
Is veFXS transferable?
No, veFXS is non-transferable. Its voting power decays linearly over the lock period.
What protocol does veFXS support?
veFXS supports the Frax Finance ecosystem.