How many fxs coins are issued?

The total issuance of FXS tokens is 1,027,000,000, including the following allocations: Initial circulation: 988,000,000 Early investor and team allocation: 11,000,000 Liquidity incentives: 28,000,000

FXS Coin Issuance

The total issuance of FXS tokens is 1,027,000,000.

Details:

• ##Initial issuance volume: At the time of the initial issuance of Frax Share (FXS) tokens, 988,000,000 were in circulation FXS.
• Early Investors and Team Allocation: An additional 11,000,000 FXS were allocated to early investors and team members in recognition of their contributions.
• Liquidity Incentives: The remaining 28,000,000 FXS are allocated to the liquidity incentive program to encourage users to hold and trade FXS.

FXS issuance is designed to balance several factors:

• Value accumulation: The limited token supply helps create scarcity, This could lead to price increases.
• Network Incentives: Tokens are used to reward participants in the FXS ecosystem such as stakers, liquidity providers, and governance participants.
• Avoid Inflation: A fixed supply helps prevent inflation, ensuring the value of FXS tokens remains stable over time.

It is important to note that the total circulation of FXS may change over time. For example, if a governance proposal is initiated to increase or decrease issuance, the total supply may be adjusted.

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