Mars Finance News, the decentralized stablecoin protocol Frax Finance announced that it will conduct the North Star upgrade at 12 PM PST on April 29 (expected to be early morning on April 30 Beijing time). Through this upgrade, Frax Share (FXS) will be renamed to Frax, becoming the gas token of Fraxtal, replacing frxETH. FXS held on Fraxtal will be automatically converted to FRAX at a 1:1 ratio, while FXS held on Ethereum needs to be bridged to Fraxtal for conversion after April 29.
Frax Finance plans to upgrade North Star, FXS will be renamed Frax and used as gas token
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