Symbol: FPIS
Price: $0.55719300
Volume: $14,492
Market Cap: $18,737,295
Fully Diluted Value: 55,689,095
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.