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. 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.
