Frax Finance has launched a domain service FNS, which is currently open for user applications
August 30 news, according to official information, the stablecoin protocol Frax Finance has announced the launch of its domain service FNS, which is now open for user applications. FNS is a branch of the Ethereum Name Service (ENS) in the Frax ecosystem. It retains the core functions of ENS, but it burns FXS tokens instead. Every year, 1 million FXS tokens will be burned for every 1000 three-letter FNS domains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elizabeth Warren calls for delay in stablecoin bill review, citing ties to Trump
Dogecoin Officially Responds to Regulators No Longer Viewing Dogecoin as a Memecoin
Economist Peter Schiff: Bitcoin is Not Digital Gold
Trending news
MoreCrypto prices
More








