Strategies With FXS

On this page, you'll discover a list of investment strategies that include Frax Share (FXS). Each strategy combines this asset with other cryptocurrencies, offering unique approaches to portfolio diversification. Explore the diverse strategies below and enhance your investment potential with ICONOMI.

The Frax Protocol uses a one-of-a-kind model for its FRAX coin, which is partially backed by collateral and partially stabilized algorithmically. It aims to create highly scalable, decentralized money in place of fixed-supply digital assets. Frax is the first fractional stablecoin protocol. Frax Share (FXS) is the governance token of the Frax ecosystem of smart contracts. It is used to accrue fees, seigniorage revenue, and excess collateral value. Frax Share is a community-governed protocol based on Uniswap and Chainlink oracles. FRAX is the stablecoin and FXS is governance token. FXS is a non-stable ERC-20 coin. It can be used for staking, voting, rewards, redeeming and minting. You can buy FXS from a number of crypto exchanges.