Frax Price Index Share
[FPIS]Frax Price Index Share Price
$ 2.67-2.60%
0.0000895-4.03%
High:$ 2.74
Low:$ 2.63
Frax Price Index Share Market Cap
N/A24h Trade Volume
Supply
All-Time-High (ATH) Price
Frax Price Index Share Live Chart
Frax Price Index Share price Index provides the latest FPIS price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Frax Price Index Share to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
FPIS to USD Converter
Frax Price Index Share Quarterly Returns (USD)
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | - | -64.3% | - | - |
Frax Price Index Share Monthly Returns (USD)
| Year | Apr | May |
|---|---|---|
| 2022 | -26.6% | -51.3% |
FPIS - USD Price Change
| Period | Change | Change (%) | High | Low |
|---|---|---|---|---|
| 24H | -$ 0.0711 | -2.6% | $ 2.74 | $ 2.63 |
| 7D | -$ 0.0905 | -3.29% | $ 10.10 | $ 2.12 |
| 14D | -$ 0.624 | -19% | $ 10.10 | $ 2.12 |
| 1M | -$ 3.58 | -57.3% | $ 10.10 | $ 2.12 |
Frax Price Index Share Annual Price (USD)
| Year | USD | High | Low |
|---|---|---|---|
| 2022 | -64.3% | $ 14.19 | $ 2.12 |
Frax Price Index Share Live Info Today
Frax Price Index Share's current price is $ 2.67, it has dropped -2.6% over the past 24 hours.
Frax Price Index Share's All Time High (ATH) of $ 14.20 was reached on 13 Apr 2022, and is currently -81.2% down.
What is Frax Price Index Share
Frax Price Index Share (FPIS) token is the governance token of the system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to the FXS structure. During times in which the FPI treasury does not create enough yield to maintain the increased backing per FPI due to inflation, new FPIS may be minted and sold to increase the treasury. Since the protocol is launched from within the Frax ecosystem, the FPIS token will also direct a variable part of its revenue to FXS holders.
