Frax Share (FXS) is a cryptocurrency that maintains a stable value by combining both algorithmic and collateralized mechanisms. The purpose of FXS is to enable holders to participate in the governance and stability of the Frax stablecoin system. Holders of FXS have voting rights to influence the system's parameters, such as collateral ratios and redemption fees. Additionally, FXS holders can receive rewards from protocol fees generated by the Frax protocol.
For those who want to download the Frax-Share logo, we have
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