Sam Kazemian, the founder of Frax Finance, raised a governance proposal in the community, proposing using 20m $FRAX to buy back $FXS via Fraxswap TWAMM. Should the proposal pass, the $FXS bought back can be burned, placed in veFXS yield or retained in the treasury.
Source Stablecoins
DeFi
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
