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Frax FPI
Frax FPI
$FPIS
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Description
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.
Total Value Locked
$6,915,407
Ethereum:$6.92m
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Methodology
Protocol Information
Category
Audits
No
Token Information
Symbol
FPIS
Name
Frax FPI
Address
0xc2544a...901fdb