Frax Finance (FXS) Launches veFPIS Staking: What Does This Mean?

Norge Nyheter Nyheter

Frax Finance (FXS) Launches veFPIS Staking: What Does This Mean?
Norge Siste Nytt,Norge Overskrifter
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

.fraxfinance $FXS launches new staking option on Feb. 20 w/ 0xpibblez FraxFinance

veFPIS staking will be available from Feb. 20, 2023. FPIS and veFPIS utility will be associated with the mechanism of The Frax Collateral Ratio . This indicator is a ratio of FRAX stablecoins directly backing FPI assets.

Thanks to the dynamic and flexible architecture of the mechanism, any extra economic productivity will be distributed between FPIS holders.Twitter user @0xpibblez mentioned that some accounts have already started accumulating FPIS tokens in hopes of future benefits.In the last 24 hours, the price of Frax Price Index Share surged from $1.8 to $2.3.

Two other tokens of the Frax Finance ecosystem are also in the green zone: while Frax Share is up 10%, Frax Price Index added 1.5% in the last 24 hours.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

Utoday_en /  🏆 295. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

First Images: McLaren Plans to Keep F1 Expectations 'Realistic' for MCL60First Images: McLaren Plans to Keep F1 Expectations 'Realistic' for MCL60Formula 1 team launches new car for the 2023 season.
Les mer »

Nikki Haley officially announces 2024 White House bidNikki Haley officially announces 2024 White House bidNikki Haley, former South Carolina governor and Trump’s UN ambassador, launches 2024 Republican presidential campaign.
Les mer »

Nikki Haley officially announces 2024 White House bidNikki Haley, former South Carolina governor and Trump’s UN ambassador, launches 2024 Republican presidential campaign.
Les mer »

The Chicks Set 2023 World Tour With Maren Morris, Wild Rivers & Ben HarperThe Chicks Set 2023 World Tour With Maren Morris, Wild Rivers & Ben HarperThe Chicks are gearing up to go on tour with Maren Morris, Wild Rivers and Ben Harper! 👏
Les mer »

You Don't Need a Date on the Calendar to Blush with GreatnessYou Don't Need a Date on the Calendar to Blush with GreatnessThe best new makeup launches will brighten up your month.
Les mer »

Gartner CFO & Finance Executive Conference 2023, National Harbor, MDGartner CFO & Finance Executive Conference 2023, National Harbor, MDWith 4️⃣ role-based tracks, GartnerFinance will help explore new ways to approach critical challenges and make decisions with confidence. View the full agenda and tracks at a glance: CFO
Les mer »



Render Time: 2025-03-09 09:10:57