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Frax Share Stock

Frax Share

FXS

Price

1.19
Today +/-
+0
Today %
+0 %

Frax Share Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
Zedcex ExchangeFXS/USDT2.012,497.343,110.3114.05 M0.03cex17/9/2025, 6:15 AM
KoinbayFRAX/USDT2.01322.723.62.58 M0.38cex97/9/2025, 6:21 AM
TNNS PROXFRAX/USDT2.01322.723.61.55 M0.31cex17/9/2025, 6:21 AM
ZKEFRAX/USDT2.01322.723.61.55 M0.25cex17/9/2025, 6:21 AM
TruBit Pro ExchangeFXS/USDT2.027,664.898,038.58832,915.070.21cex2787/9/2025, 6:21 AM
BinanceFXS/USDT2.0138,120.1749,802.94545,493.060cex5167/9/2025, 6:23 AM
HotcoinFXS/USDT2.024,980.85,782.12538,410.980.07cex2637/9/2025, 6:23 AM
Biconomy.comFXS/USDT2.01104,941.23106,343.88507,166.940.11cex4977/9/2025, 6:15 AM
CoinUp.ioFXS/USDT2.024,874.147,412.74431,059.10.02cex2427/9/2025, 6:18 AM
BitcoivaFXS/USDT1.5900344,111.90.2cex04/12/2025, 9:03 PM
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Frax Share FAQ

What is the Frax Protocol (FRAX)?

The Frax Protocol represents the first fractional-algorithmic stablecoin system. Frax is an open-source, permissionless, and fully on-chain platform—currently implemented on Ethereum, with potential for future cross-chain applications. The primary objective of the Frax protocol is to offer a highly scalable, decentralized, algorithmic currency, in contrast to fixed-supply digital assets like BTC. The protocol embodies the following principles: Fractional-Algorithmic: Frax distinguishes itself as a stablecoin with portions of its supply backed by collateral and portions determined algorithmically. The collateralized versus algorithmic ratio is influenced by the market pricing of the FRAX stablecoin. If FRAX trades above $1, the protocol reduces the collateral ratio. Conversely, if FRAX trades below $1, the protocol increases the collateral ratio. Decentralized & Governance-Minimized: Governed by the community, Frax prioritizes an autonomous, algorithmic operation without active management. Fully On-Chain Oracles: Frax v1 employs Uniswap (ETH, USDT, USDC time-weighted average prices) and Chainlink (USD price) oracles. Two Tokens: FRAX, the stablecoin, is designed to maintain a value close to $1 per coin. Frax Shares (FXS) serve as the governance token, accumulating fees, seigniorage revenue, and excess collateral value. Prior to Frax, stablecoins were categorized into fiat-collateralized, over-collateralized with cryptocurrency, and algorithmic with no collateral. Frax introduces a novel category by being the first decentralized stablecoin to define itself as fractional algorithmic, thereby establishing the fourth and most distinctive category. For more details and data, visit Eulerpool.

What is the Current Circulation of FRAX and FXS Coins?

The supply of the FRAX stablecoin is dynamic and continually adjusts to maintain its price at $1, in line with its fractional-algorithmic monetary policy. In contrast, the supply of Frax Shares (FXS) tokens is strictly limited to a maximum of 100 million tokens from inception, with no inflation plan built into the protocol. The FXS token functions as the governance token, accumulating all the value from newly minted FRAX, fees, and excess collateral. While FXS serves as an investment and governance asset, FRAX acts as the currency token.

### What Distinguishes Frax? Frax stands apart in the cryptocurrency ecosystem with its innovative hybrid approach to stability and decentralization. The cryptocurrency employs a fractional-algorithmic model, combining algorithmic techniques and collateralization to maintain its value stability. This design allows for both scalability and efficiency, enabling Frax to adjust its decentralized supply in response to demand fluctuations. In addition, Frax is characterized by its transparent governance structure, which allows community members to participate actively in pivotal decision-making processes. This decentralized governance ensures that the protocol evolves organically while adhering to the values and interests of its stakeholders. To learn more about Frax's current market performance and relevant metrics, resources and comprehensive data are available on Eulerpool, which provides insights into Frax's valuation, trading volume, and overall market standing.

The Frax Protocol represents a community-driven and uniquely designed stablecoin. More than 60% of the FXS supply is distributed over several years to liquidity providers and yield farmers. This protocol is entirely decentralized, featuring on-chain governance. Notably, it was the first and only stablecoin to implement a fractional-algorithmic hybrid design upon its launch in November 2020.

Founders of the Frax Protocol

The Frax Protocol was conceived by American software developer Sam Kazemian, who introduced the concept of a fractional-algorithmic stablecoin in 2019. The founding team of Frax engineers comprises Travis Moore and Jason Huan. Sam Kazemian initially developed the idea upon observing the rapid growth of stablecoins, noting that none integrated both algorithmic monetary policy and collateralization. Projects solely relying on algorithmic monetary policy had either failed or ceased operations without gaining significant traction. Frax was created as a solution to evaluate the market's confidence in a stablecoin that is partially algorithmic and partially collateralized.

Where can I purchase or acquire FRAX and FXS?

FRAX, the stablecoin, is listed on numerous major exchanges and DeFi platforms such as Uniswap and other decentralized exchanges (DEXes). Frax Shares (FXS) tokens are also available, offering liquidity comparable to the stablecoin. Investors interested in acquiring potential upside and governance rights to the world's first fractional-algorithmic stablecoin should consider purchasing Frax Shares (FXS). Those seeking stability through the world's only fractional-algorithmic stablecoin should opt for FRAX.

Investors interested in Frax Share are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.