AOFEX will list FXS (Frax Share) on October 26, 2021. The specific is as follows:
The deposit and withdrawal have been opened.
Trading: 13:30, October 26, 2021 (GMT+8) (STAR Market: FXS/USDT)
Tips: The following contents are abstracted from the existing information on the Internet at the time of the announcement, which is for reference only.
FXS (Frax Share) Introduction:
Frax Finance (Frax for short), original Decentral Bank, is the world’s first fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. 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.
Issue date: December 21, 2020
Total supply: 100,000,000
Circulating supply: 7,242,444
More details: FXS (Frax Share)
Digital asset is a high-risk investment product featured by wild fluctuation, round the clock trading and so on. We highly recommend that users involve and invest very carefully after understanding the rules and risks. It is highly necessary to be aware of the risks by considering the experience and tolerance.
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October 26, 2021
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