Frax Finance announced that it will launch the "North Star" upgrade on April 29 at noon (Pacific Time), and the original Frax Share (FXS) will be renamed to Frax (FRAX), becoming the gas Token of the Fraxtal network and permanently existing as the only commodity Token used for security mechanisms within the ecosystem. FXS on Fraxtal will be automatically converted to FRAX at a 1:1 ratio.
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Frax Finance announced that it will launch the "North Star" upgrade on April 29 at noon (Pacific Time), and the original Frax Share (FXS) will be renamed to Frax (FRAX), becoming the gas Token of the Fraxtal network and permanently existing as the only commodity Token used for security mechanisms within the ecosystem. FXS on Fraxtal will be automatically converted to FRAX at a 1:1 ratio.