veFXS token
Overview
Within the Frax Finance ecosystem, veFXS represents the vote-escrowed form of the FXS token. Users acquire it by locking FXS for a specified period, which confers governance voting privileges, a share of protocol fees, and enhanced rewards across Frax platforms. The token is non-transferable, and its associated voting power diminishes in a linear fashion throughout the lock duration.
Within The Counterparty graph, veFXS connects to 1 tracked entity, most strongly to Frax Finance.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Frax Finance | 95% |
Frequently asked questions
What is veFXS?
veFXS is a ve-token tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Frax Finance.
What type of entity is veFXS?
veFXS is classified as a ve-token (token) in The Counterparty knowledge graph.
What is veFXS connected to?
In The Counterparty knowledge graph, veFXS is linked to 1 other tracked entity, most strongly to Frax Finance.