What is the total supply of FRAX tokens?
The total supply of FRAX tokens is 10 billion.
The total supply of FRAX tokens is fixed and will not be increased or decreased. The FRAX token is an ERC-20 token built on the Ethereum blockchain and is used to access the Frax protocol. The Frax protocol is a decentralized stablecoin platform that enables users to mint, redeem, and trade synthetic stablecoins pegged to fiat currencies such as the US Dollar, Euro, and British Pound.
The Frax protocol also allows users to earn rewards for providing liquidity to the platform. The 10 billion FRAX tokens are distributed as follows: • 2 billion tokens are allocated for private sale • 2 billion tokens are allocated for public sale • 2 billion tokens are allocated for the team and advisors • 2 billion tokens are allocated for community incentives • 1 billion tokens are allocated for staking rewards • 1 billion tokens are allocated for marketing and partnerships
