22 Watchlists
DeFi
FPIS Price
Contracts/Explorers:
Ethereum
Funds and Backers
No funds found yet
Wallets
No wallets found yet
Frax Price Index Share is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol
Market Cap
$ 26.02M
FDV
$ 91.85M
ATH Market Cap
$ 52.69M
24 Trade Vol.
$ 2.74K
Vol. (24h) / MCap
0.000105
Max Supply
FPIS 100,000,000
Total Supply
FPIS 100,000,000
Circulating Supply
FPIS 28.33M
(28.3% of Max Supply)
Listing Date
11 Apr 2022
All Time High
$ 14.19
13 Apr 2022
All Time Low
$ 0.716
13 Apr 2024
From ATH
From ATL
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.
Frax Price Index Share's current price is $ 0.919, it has dropped -1.54% over the past 24 hours.
Frax Price Index Share's All Time High (ATH) of $ 14.19 was reached on 13 Apr 2022, and is currently -93.5% down.
The current circulating supply of Frax Price Index Share is 28.33 Million tokens, and the maximum supply of Frax Price Index Share is 100.00 Million.
Frax Price Index Share’s 24 hour trading volume is $ 2.74 Thousands.
Frax Price Index Share's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 26.02 Million.
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