Symbol: FPIS
Price: $0.38453800
Volume: $2,033
Market Cap: $12,529,451
Fully Diluted Value: 38,429,871
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 100,000,000
Type: Crypto Token
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.