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Frax Share (FXS) sees 23% price surge overnight

Twitter icon  •  Published hace 4 años on January 28, 2022  •  Mark Weaden

Frax Share (FXS) has seen a price increase of around 23% since yesterday, with the price of the token now around $22.3 on Binance

Frax Share (FXS) sees 23% price surge overnight

Frax Share (FXS) has seen a price increase of around 23% since yesterday, with the price of the token now around $22.3 on Binance. FXS is a fractional algorithmic stablecoin partially backed by collateral and partially stabilized algorithmically. The ratio of collateralization and algorithmic depends on the market price of the FRAX stablecoin.

On January 26, Frax Share announced a new partnership with a GameFi protocol called WARP, offering a range of NFTs.

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Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.

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