Frax Finance: Will take a snapshot of the veFXS balance of Ethereum mainnet stakers on March 6 to earn FXTL points
The mixed algorithm stablecoin protocol Frax Finance announced on social media that within the next 24 hours, a snapshot of veFXS balance of pledgers on the Ethereum mainnet on March 6th will be taken to obtain FXTL points. The FXTL balance will be visible on the same address as the pledged veFXS on Fraxtal. Partner agreements, such as Convex Finance, Stake DAO, and others who will distribute airdrops, can coordinate with us to deliver FXTL points to their holders.
In addition, due to public demand, high ETH gas fees, and the desire to include pledgers of various sizes, a second snapshot will be released on April 3rd to obtain more FXTL points. This snapshot will include veFXS pledged on Fraxtal and veFXS on the mainnet. If pledging on the mainnet, no action is required.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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