Spot password: $FXS
Friends, take a look at how sharp A'er’s vision is. The pledged token #FXS recommended to everyone yesterday afternoon has directly increased by 16% within the day. As of now, A'er has led fans into the market with a profit increase of 19%. A'er is truly the master!!!
Let’s analyze the FXS token specifically:
FXS is the first part-collateralized + part-algorithm mixed stablecoin system, and FXS is its governance and value capture token.
It specifically undertakes two major functions:
1. Governance rights: Token holders can participate in proposals and voting on core parameters such as fees and collateral rates;
2. Value capture: When FRAX is minted, the protocol charges a fee to repurchase and burn FXS, achieving deflation.
With BlackRock submitting a staking application, the staking sector has begun to become active. As a part of the staking sector, FXS also enjoys the dividends. A'er has already led fans into the market; those who haven’t entered yet can wait for a pullback to enter.
