How to obtain FXS coins? Introduction to several methods of obtaining FXS coins

FXS tokens can be acquired through exchanges like Binance, earned through staking and yield farming, or obtained via airdrops and contributions to the Frax protocol.

Oct 02, 2024 at 09:17 am

How to Obtain FXS Coins: A Guide to Various Methods1. Purchase FXS on Cryptocurrency Exchanges

Binance
Coinbase
FTX
Kraken

2. Stake FXS to Earn Rewards

Deposit FXS into the Curve Finance liquidity pool.
Participate in the Frax Share token (FXS) Liquidity Mining Program.

3. Earn FXS through Yield Farming

Provide liquidity to DeFi protocols that offer FXS rewards.
Examples include Element Finance and Balancer.

4. Participate in Airdrops and Giveaways

Follow official FXS channels on social media and participate in promotional events.
Sign up for airdrop list websites and submit proof of ownership of related assets, such as FRAX tokens.

5. Contribute to the Frax Protocol

Develop code or contribute to the protocol's documentation.
The team may award FXS tokens to contributors as a reward for their efforts.

6. Buy Fractionally Owned FXS

Purchase small portions of FXS using fractional investment platforms like Yield App or MyConstant.
This allows investors to gain exposure to the asset without needing to purchase a whole token.

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