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FRAX SHARE (FXS) | Price Prediction | 120% APR

FXS stands as an ERC-20 token integrated seamlessly into the Ethereum network. It encompasses essential functions such as governance, minting, staking, and the pivotal redemption of FRAX.

The issuance of FXS over the years has benefitted both farmers and liquidity providers. One defining attribute that sets FXS apart is its resolute commitment to a fully decentralized structure and its on-chain governance mechanisms.

FXS Price on ReHold

The price of FXS on ReHold is adjusted dynamically through real-time updates and is facilitated by the crypto oracle Chainlink. FXS has witnessed a significant surge in price since its inception which is attributed to its wide range of groundbreaking blockchain solutions.

How to Earn Passive Income on FXS

ReHold offers an exclusive earning opportunity via Dual Investments where users have the chance to secure earnings of up to 120% APR on pairs like FXS/USDT, FXS/USDC, and FXS/DAI. By locking their FXS tokens, users can enjoy passive income.

FXS Price Prediction

Estimating the future price of FXS can be very challenging due to the ever-changing nature of cryptocurrencies. The two significant factors that influence the FXS’s price are demand and supply. However, due to the market's inherent volatility, price fluctuations are inevitable.

FXS Value

Frax Share (FXS) functions as both the governance and appreciation token within the Frax ecosystem. At the core of this ecosystem is the Frax stablecoin (FRAX) which is meticulously anchored to the dollar's value and subject to the oversight of a collective FXS holder. With continuous utility in the Frax ecosystem, it's reasonable to expect the value of FXS to go up.

120% APR on FXS Duals

ReHold presents users an opportunity to earn up to 120% annual interest on its platform through FXS duals. By possessing FXS, you will have the chance to receive rewards by locking your FXS tokens while taking part in the network's security and decision-making processes.

How to Earn 120% APR on FXS

If you're interested in earning passive income on FXS, ReHold offers a unique DeFi-earning solution where you can earn 120% APR on pairs such as FXS/USDT, FXS/USDC, and FXS/DAI by using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to get started:

  1. Connect Your Wallet Open the ReHold App and connect your Web3 wallet. You can choose any Web3 wallet that supports BNB Chain, Polygon, Avalanche, Optimism, and Arbitrum. step_1.png
  2. Choose the FXS Dual Asset Select the dual you need: FXS/USDT, FXS/USDC, and FXS/DAI. You can start a dual investment with each token of the pair. step_2.png
  3. Choose a Staking Period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive. step_3.png
  4. Choose the Start Token Select the start token and the amount you want to invest. You can use the FXS token with the USDT, USDC, or DAI of the dual asset. step_4.png
  5. Approve the token To start a dual Investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token. step_5.png
  6. Start Your Dual Click “Start Now” to create your FXS dual and receive your reward after the staking period. step_6.png That's all! Your dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual. done.png Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically restart when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.

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