Frax Share

Frax Share (FXS) Price

Historical Frax Share price chart and current Frax Share price.

Frax Share
1 Frax Share = €0

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What is Frax Share?

Frax Shares (FXS) is the governance token of the Frax Protocol. The Frax Protocol is considered to be the first fractional-algorithmic stablecoin system at the time of its launch in November 2020. Frax introduces the concept of a cryptocurrency being partially backed by collateral and partially stabilised algorithmically. Frax is an entirely decentralized protocol with governance on-chain.

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