- MORE INFORMATION
- Chain: Ethereum
Frax is airdropping free FPIS to various FXS stakers & LPs. Users who held veFXS, tFXS, cvxFXS and provided liquidity to FRAX/FXS pool by February 20th, 2022 are be eligible for the airdrop.
- Visit the Frax airdrop claim page.
- Connect your ETH wallet.
- If you’re eligible, then you will be able to claim free FPIS.
- cvxFXS holders can claim the airdrop from Convex.
- Users who held veFXS, tFXS or cvxFXS and/or provide liquidity to the FRAX/FXS pool by the snapshot date are eligible for the airdrop.
- The snapshot was taken on February 20th, 2022.
- For more details regarding the airdrop and eligible addresses list, see this page.
Frax is the first fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The Frax protocol is a two token system encompassing a stablecoin, Frax (FRAX), and a governance token, Frax Shares (FXS). A user can mint FRAX by supplying the USDC stablecoin as collateral, along with FXS token in amounts set by the Frax collateral ratio (CR).
More Airdrops to Farm
Overview
- Website: frax.finance
- Ticker: FPI
- Whitepaper: View Whitepaper
- X (Formerly Twitter):
- Telegram Group:
- Github Repository:
