What is Frax Share?

Modified on Tue, 12 Dec, 2023 at 1:52 PM

What is Frax Share?

Frax Share (FXS) is a digital token used in the Frax Protocol ecosystem developed as a transparent decentralized platform for stablecoins. FXS is classified as a governance token that allows holders to participate in the decision-making process and to set directions of Frax Finance.

Who are the creators of Frax Share?

Frax Shares were created by Sam Kazemian (left)and Travis Moore (right). Kazemian previously co-founded Everipedia, a decentralized version of Wikipedia, while Moore was a partner of Deloitte before becoming an entrepreneur in the blockchain industry.


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