Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
Powered by @unfoldedFrax Finance is considering a proposal to share protocol revenue with stakers of its veFXS token, similar to Uniswap's recent proposal.
The proposal would recommend sharing protocol revenue with veFXS stakers, but it will be up to the community to approve it.
Staking and delegation are involved in the process, allowing users to lock their tokens and earn rewards or delegate voting rights.
Frax Finance's social media post about the proposal received positive responses from market participants.