Token intelligence

Frax Price Index

FPI

0x5ca135cb8527d76e932f34b5145575f9d8cbe08e

Price

$1.14

Narrative Summary

The Frax Price Index is a protocol within the Frax ecosystem. The system will adjust every month according to an on-chain Consumer Price Index oracle so that holders of the FPI will increase their dollar-denominated value each month according to the reported CPI increase

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