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Frax Price Index Share FPIS
FPIS
1.924
£
0.74 %
Change 24h
Market Cap
£ 32,141,167
Volume 24h
£ 234,018
Circulating Supply
16,721,200
Total Supply
100,000,000
FPIS
£
Description
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.