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Gate.io Will List Frax Share (FXS)
Gate.io Will List Frax Share (FXS)
2020-12-21 08:07:33 UTC
51061 Read
Gate.io is going to commence Frax Share (FXS) trading on December 21, at 09:00 UTC.
About FXS:
The Frax Share token (FXS) is the non-stable, value-accrual token in the protocol. It is meant to be volatile and hold rights to governance and all excess collateral of the . It is important to note that we take a highly governance-minimized approach to designing trustless money in the same ethos as Bitcoin. We eschew DAO-like active management such as MakerDAO. The less parameters for a community to be able to actively manage, the less there is to disagree on. The only parameters that are up for governance through FXS is adding/adjusting collateral pools, adjusting minting/redemption fees, and refresh rate of the collateral ratio. No other actions such as active management of collateral or addition of human-modifiable parameters are possible other than a hardfork that would require voluntarily moving to a new implementation entirely.
Token symbol：FXS
Website：https://frax.finance
Whitepaper：https://docs.frax.finance/overview
FXS/USDT Trading starts: December 21th at 09:00 UTC
Deposit FXS at https://www.gate.io/myaccount/deposit/FXS
Trade FXS in USDT market via: https://www.gate.io/trade/FXS_USDT
Trade FXS in ETH market via:https://www.gate.io/trade/FXS_ETH
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Get 30% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Gate.io Team
December 21, 2020
About FXS:
The Frax Share token (FXS) is the non-stable, value-accrual token in the protocol. It is meant to be volatile and hold rights to governance and all excess collateral of the . It is important to note that we take a highly governance-minimized approach to designing trustless money in the same ethos as Bitcoin. We eschew DAO-like active management such as MakerDAO. The less parameters for a community to be able to actively manage, the less there is to disagree on. The only parameters that are up for governance through FXS is adding/adjusting collateral pools, adjusting minting/redemption fees, and refresh rate of the collateral ratio. No other actions such as active management of collateral or addition of human-modifiable parameters are possible other than a hardfork that would require voluntarily moving to a new implementation entirely.
Token symbol：FXS
Website：https://frax.finance
Whitepaper：https://docs.frax.finance/overview
FXS/USDT Trading starts: December 21th at 09:00 UTC
Deposit FXS at https://www.gate.io/myaccount/deposit/FXS
Trade FXS in USDT market via: https://www.gate.io/trade/FXS_USDT
Trade FXS in ETH market via:https://www.gate.io/trade/FXS_ETH
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Get 30% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Gate.io Team
December 21, 2020
