Frax Finance 公佈修訂後的協議費用策略，以提高穩定幣的穩定性和流動性

Frax Finance 提議恢復其協議費用轉換，將 50% 的收益分配給 veFXS，50% 的收益用於購買 Frax 資產以在 FXS 流動性引擎中進行配對。該提案旨在增強 Frax 的財務狀況並增強 FXS 和配對資產的流動性。此外，Frax Finance 概述了一個新的代幣經濟系統，以完全抵押 FRAX 穩定幣，並建議增強收益結構。

Frax Finance Unveils Restructured Protocol Fee Strategy to Enhance Stablecoin Stability and Liquidity

Frax Finance 推出重組協議費用策略，以增強穩定幣的穩定性和流動性

Frax Finance, the decentralized stablecoin protocol, has presented a comprehensive proposal aimed at reinstating its protocol fee switch with a focus on bolstering the FRAX stablecoin's collateralization and improving liquidity for its native tokens.

去中心化穩定幣協議 Frax Finance 提出了一項全面提案，旨在恢復其協議費用轉換，重點是加強 FRAX 穩定幣的抵押並提高其原生代幣的流動性。

The proposal, put forth on Thursday, outlines a multifaceted approach to reintroduce the protocol fee switch. Under the revised plan, 50% of the generated yield will be allocated to veFXS, the governance token staked by FXS holders, while the remaining 50% will be utilized to acquire additional Frax assets for pairing in the Frax Liquidity Engine (FLE).

該提案於週四提出，概述了重新引入協議費用轉換的多方面方法。根據修訂後的計劃，所產生的收益的50% 將分配給veFXS（FXS 持有者質押的治理代幣），而剩餘的50% 將用於購買額外的Frax 資產，以便在Frax 流動性引擎（ FLE）中進行配對。

The implementation of the FLE is intended to strengthen Frax's financial position by providing dedicated resources for the purchasing and pairing of Frax assets. This strategy aims to enhance liquidity for both FXS and other paired assets, thereby fostering a more robust and stable ecosystem for the stablecoin.

FLE 的實施旨在透過為 Frax 資產的購買和配對提供專用資源來增強 Frax 的財務狀況。該策略旨在增強 FXS 和其他配對資產的流動性，從而為穩定幣培育一個更強大和穩定的生態系統。

Furthermore, the proposal presents a novel tokenomics system designed to fully collateralize FRAX. The system proposes adjustments to yield structures and incentives for veFXS stakers. By providing total protocol fees to veFXS stakers, the proposal seeks to incentivize long-term commitment to the platform and reinforce the token's governance role.

此外，該提案提出了一種新穎的代幣經濟系統，旨在完全抵押 FRAX。該系統建議調整收益結構和 veFXS 質押者的激勵措施。透過向 veFXS 質押者提供總協議費用，該提案旨在激勵對平台的長期承諾並加強代幣的治理作用。

Frax Finance initially proposed reactivating the protocol fee switch on February 26th, following a previous decision to suspend rewards. At the time, Sam Kazemian, the protocol's founder, expressed confidence in the timing of the reinstatement, stating that "it is the right time to turn on the huge switch. It will be a ton of revenue."

在先前暫停獎勵的決定後，Frax Finance 最初提議於 2 月 26 日重新啟動協議費用開關。當時，該協議的創始人 Sam Kazemian 對恢復的時機表示有信心，並表示“現在是打開巨大開關的正確時機。這將帶來大量收入。”

Frax Finance is responsible for the development and maintenance of the FRAX USD-pegged decentralized stablecoin. The protocol's native token, FXS, serves as a governance token, while veFXS is distributed to users who stake FXS.

Frax Finance 負責 FRAX 與美元掛鉤的去中心化穩定幣的開發和維護。該協議的原生代幣 FXS 充當治理代幣，而 veFXS 則分發給質押 FXS 的用戶。

As of 5:32 p.m. on March 21st, FXS was trading at $7.48, representing a 1.13% increase over the past 24 hours. The proposal marks a significant step forward in Frax Finance's efforts to enhance the stability and utility of its ecosystem. The implementation of these measures is expected to contribute to long-term growth and adoption of the platform.

截至下午 5:32 3月21日，FXS交易價格為7.48美元，過去24小時上漲1.13%。該提案標誌著 Frax Finance 在增強其生態系統的穩定性和實用性方面向前邁出了重要一步。這些措施的實施預計將有助於該平台的長期成長和採用。