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Frax Ether

Standardized
Liquid staking
Price
N/A
Chains
8 chains

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What is Frax Ether?

Frax Ether is a liquid staking derivative product created by the Frax Finance protocol. Frax Finance was founded by Sam Kazemian, Stephen Moore, Jason Huoan & Travis Moore and launched in 2019.

How does Frax Ether work?

Stakers deposit funds into Frax and receive a return on investment in the form of staking rewards (supply-side fees).

Who governs Frax Ether?

FXS tokenholders own and govern the Frax Finance protocol, including the Frax Ether business line. They currently take a cut of the total staking rewards earned by the protocol (revenue). Frax’s investors include Crypto.com Capital & Ascensive Assets.
RevenueFrax Ether's share of fees$10Connects stakers and PoS blockchainsSupply-side feesStakers' share of fees$90StakersFeesStaking rewards$100PoS blockchains
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.