Frax Finance plans to announce proposed revenue distribution within 10 days
Sam Kazemian, the founder of the stablecoin protocol Frax Finance, said that they are considering resuming rewards for token stakers within the next two weeks. The proposed income distribution plan will be announced within 10 days. Previously, the core team of Frax Finance was considering a new proposal to share protocol revenue with veFXS token holders, similar to a proposal made last week on decentralized exchange Uniswap.
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
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High
Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More
