TechFlow reported, according to The Block, that the decentralized stablecoin protocol Frax Finance plans to unveil its proposed revenue distribution plan within 10 days.
Sam Kazemian, founder of Frax Finance, said: "Yes, they previously voted to halt revenue distributions. But now we feel it's the right time to flip the big switch. This will generate substantial revenue, and implementation will be completed within 10 days."
Previous report, DeFi protocol Frax Finance’s core team is considering following Uniswap’s example by distributing a portion of protocol fees to stakers of its native token FXS.
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