Frax Price Index Share

fpis

$0.16- -0.99%24h

Market Cap (USD)

$5,932,162.00

Circulating Supply

38,307,968.551

Homepage

https://app.frax.finance/

About Frax Price Index Share

The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.