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Frax Finance has launched a domain service FNS, which is currently open for user applications

Bitget2024/08/30 03:37

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.

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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.

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