Posted 2/26/2024, 9:05:00 AM
Frax Finance Mulls Revenue-Share Proposal to Reward veFXS Stakers
- Frax Finance's core team considering proposal to share protocol revenue with veFXS token stakers
- Proposal would follow similar one by leading DEX Uniswap to reward UNI stakers
- Frax CEO says community would need to approve any proposal submitted
- Frax makes 8 figures in annual revenue, currently mostly conserved in treasury
- Proposal has received some positive responses on social media from analysts and Curve DEX