Frax FPI (FPIS)
Total Value Locked$666,805Â Â .csv
Ethereum | $666,805 |
---|
$121,334 | |
$592,395 | |
$247,404 |
Protocol Information
The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is the first stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average. The FPI stablecoin is intended to keep its price constant to the price of all items within the CPI basket and thus hold its purchasing power with on-chain stability mechanisms.f locking the asset.
Category:Algo-Stables