Frax Share (FXS)
The Frax Share token (FXS) is the non-stable, value-accrual token in the protocol. It is meant to be volatile and hold rights to governance and all excess collateral of the system.
1. FXS Basic Info
| Symbol | FXS |
| Name | Frax Share |
| Web Site | https://frax.finance |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 99681495.5911336 |
| Available Supply | 88821050 |
| Market Cap | 190077047 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 99681495.5911336 |
| Release Date | 2020-12-21 |
2. FXS Technical Info
2.1 FXS Kline Chart Price
2.2 FXS Technical Analysis
The price is expected to experience a short-term downward correction followed by a period of consolidation.
Subsequently, a potential bullish trend reversal is anticipated, but the strength of the move remains uncertain.
Investors should exercise caution and monitor volume and price action closely for confirmation.
The resistance level at 2.25 might pose challenges for the price to break through in the short term.
Consider a period of range-bound trading before the next significant move.
