Frax Share Two Tokens – FRAX is the stablecoin targeting a tight band around $1/coin. Frax Shares (FXS) is the governance token which accrues fees, seigniorage revenue, and excess collateral value.
As of June 2023 Frax Share has a market cap of 426.51M. This makes Frax Share the world's 91st largest crypto project.
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