[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"seo-currency-price-Frax-Price-Index-Share":3,"seo-price-forecast-FPIS":22,"seo-currency-info-19424":25},{"success":4,"data":5,"code":19,"status":19,"message":20,"$source":21},true,{"currencyName":6,"currencyId":7,"fullName":8,"platform":9,"percentChange":10,"maxPrice24H":11,"minPrice24H":12,"volume24H":10,"marketCapRank":13,"price":11,"marketCap":14,"dilutedMarketCap":10,"tokenCirculationRatio":10,"maxPriceHistory":15,"minPriceHistory":16,"circulationQuantity":10,"circulationMarketCap":10,"maxSupplyQuantity":17,"publishTime":18},"FPIS",19424,"Frax Price Index Share",2,0,0.08384003513126838,0.08377484139430703,6028,8384003.51,14.202888759360391,0.26048242021332796,41127463.93,1649614819000,200,"Success",{"code":19,"message":20,"data":5},{"success":4,"data":23,"code":19,"status":19,"message":20,"$source":24},[],{"code":19,"message":20,"data":23},{"success":4,"data":26,"code":19,"status":19,"message":20,"$source":34},{"currencyName":6,"fullName":8,"currencyId":7,"id":27,"publishTime":28,"telegram":29,"twitter":30,"facebook":29,"discord":29,"github":31,"whitePaper":32,"officialWebsite":29,"blockQuery":29,"introduction":33},7048,"2022-04-10T18:20:19.000Z",null,"https:\u002F\u002Ftwitter.com\u002Ffraxfinance","https:\u002F\u002Fgithub.com\u002FFraxFinance\u002Ffrax-solidity","https:\u002F\u002Fapp.frax.finance\u002F","\n\u003Cp>Frax Price Index Share (FPIS) acts as a governance mechanism for the Frax Price Index (FPI) stablecoin. Unlike traditional stablecoins, which are typically pegged to a single fiat currency, FPI is uniquely linked to a diverse basket of real-world consumer goods, reflective of the US Consumer Price Index for All Urban Consumers (CPI-U). This approach aims to maintain the purchasing power of the stablecoin while ensuring stability in various market conditions.\u003C\u002Fp>\n\u003Cp>Holders of FPIS tokens benefit from their economic connection to the Frax Share (FXS) token, comprising a dual-layered staking model that enhances the overall ecosystem’s functionality. By holding FPIS, investors gain access to seigniorage—a monetary benefit derived from the issuance of new stablecoins—thus enjoying a stake in the profitability generated by the FPI treasury.\u003C\u002Fp>\n",{"code":19,"message":20,"data":26}]