Hotbit will launch FPIS(Frax Price Index Share) on April 14th, 2022

Dear Respected Users,

Hotbit is scheduled to list FPIS(Frax Price Index Share) on Global Section.

• Users can now start depositing FPIS in preparation for trading
• Trading function launches at: 2022.04.14  08:00 AM UTC
• Trading Pair: FPIS/USDT

【Hotbit users exclusively enjoy “Minus Maker Means Minus Transaction Fee” mechanism. By placing and settling any maker order, the user will enjoy 0 transaction fee and an extra 0.30% of the trading volume of his/her maker order as reward on Global Section!】

Project Name: Frax Price Index Share

Abbreviation: FPIS

Project Introduction:

Frax is the first fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.

Token type: ERC-20

Total supply：100,000,000 FPIS 

Official Website: https://app.frax.finance/ 

Contract address: https://etherscan.io/token/0xc2544A32872A91F4A553b404C6950e89De901fdb

Risk warning

The investment on cryptocurrency projects is subject to high market risks. Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality, but Hotbit will not be responsible for any of your investment losses.

Thank you for your support！

Yours truly

Hotbit Team

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