Frax Finance plans to provide token stakers with a Uniswap-like reward mechanism
Sam Kazemian, CEO and founder of Frax Finance, stated that the core team is considering offering a reward mechanism similar to Uniswap for token stakers. The team may soon initiate a proposal to allocate a portion of protocol fees to stakers of its native token, FXS, and the final decision will depend on whether the community approves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Do Kwon’s extradition case goes back to Montenegrin justice minister
SEC seeks sanctions against Elon Musk over Twitter purchase
SEC greenlights listing and trading options for BlackRock's spot bitcoin ETF
The SEC approved spot bitcoin ETFs earlier this year, but had not yet approved listing and trading for options on those products.
Securitize adds Wormhole for multi-chain RWA tokens
Trending news
MoreCrypto prices
More
