Odaily News The core team of Frax Finance is considering a new proposal aimed at sharing protocol revenue with its veFXS token stakers. The move would mimic Uniswap’s similar proposal last week. Frax Finance CEO Sam Kazemian revealed that the proposal would recommend sharing a portion of the protocol’s earnings with veFXS token stakers. FXS is the governance and utility token of the Frax ecosystem. After users lock FXS, they will receive veFXS tokens and retain their governance and utility rights. These veFXS tokens can be staked on the Ethereum mainnet and Frax Finance’s second-tier network Fraxtal. In 2022, the community voted to stop revenue sharing, and now Kazemian said in an interview that it will explore the possibility of reopening the distribution of Frax protocol revenue to veFXS stakers. (CoinDesk)