Frax Price Index Share (FPIS)

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Frax Price Index Share Information

Name Frax Price Index Share
Symbol FPIS
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About Frax Price Index Share

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.

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