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Frax Share is the governance token for the Frax protocol, which uses an algorithmic stablecoin system to provide decentralized and scalable money. It is designed to be volatile and to hold the rights to governance as well as all excess collateral. Furthermore, it incorporates the same ethos of Bitcoin in designing trustless money based on a highly reduced governance structure.

## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Frax Share

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