# Frax Share (FXS)
> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.
**Publisher:** Decentralized Finance Publication
**Type:** Governance · **Chain:** Ethereum
## Summary
Frax Share (FXS) is a governance token on Ethereum. Governance token for Frax Finance stablecoin and L2 stack.

**Tags:** FXS, Frax Share, Governance, DeFi, Ethereum

## Related research

- https://decentralized-finance.io/article/frax/

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Canonical: https://decentralized-finance.io/token/fxs/