Frax (prev. FXS) (FRAX)

Price Prediction

Frax (prev. FXS) is going UP
Based on our algorithm, there is a strong indication that Frax (prev. FXS) is on a bullish trend for the next hour! 🚀
$2.18
Current Price
 
$2.88
Predicted Price for Next Hour
(98% probability)
$2.82
Predicted Lower Bound
(98% probability)
$2.93
Predicted Upper Bound
(98% probability)

Frax Share (FXS) is the governance and staking token of the Frax protocol’s dual-token model, where FRAX is an algorithmic stablecoin and FXS accrues seigniorage revenue. FXS holders lock tokens as veFXS to vote on protocol parameters, earn a share of excess revenue from minting and redemption fees, and influence future module additions. The seigniorage model dynamically adjusts collateral ratios and stabilizes FRAX through FXS minting or burning.

✅ Utility: governance of fees, collateral ratios, and protocol upgrades via veFXS
✅ Seigniorage: surplus income from FRAX operations distributed to FXS stakers
✅ Supply cap: 100 million FXS
✅ veFXS: locked FXS for up to four years for voting weight and reward boosts
✅ Ecosystem: fractional-algorithmic stablecoin, lending (FraxLend), liquid staking (frxETH)
✅ Governance: on-chain votes to add networks, adjust parameters, and allocate treasury