The draw of capital into Fraxโs ether pools has resulted in demand for FRAX and FXS tokens, with prices of the latter rising over 62% in the past week as per CoinGecko. And because some liquidity pools pay out in FXS, the price rise theoretically means higher rewards for stakers โ which, in turn, could drive more ether towards Frax, and drive even more demand for Fraxโs tokens among users.
DeFi Service Frax Finance Gains Momentum Amid Ether Staking Narrative, FXS in Focus
