Frax Finance Proposes 75% Protocol Fee Distribution to veFXS Holders

According to Foresight News, Frax Finance has initiated a community proposal to distrib

2024-03-12 11:58:23   作者:  Joshua Walsh

According to Foresight News, Frax Finance has initiated a community proposal to distribute 75% of protocol fees to veFXS holders. The proposal states that the collateralization ratio (CR) of FRAX is at 98.8%, nearing 100%, and the overall market sentiment is in a bullish zone. Therefore, it is suggested to resume fee distribution to veFXS holders. Before the protocol fully acquires external collateral, veFXS holders and the protocol treasury should distribute fees at a 75/25 ratio.

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