Guide : How to Mint/Redeem FPI Stablecoin on FraxSwap.

1- How to buy FRAX & FPI Stablecoins?

2- How to use the Mint FPI Function on FraxSwap?

  • Now you have FRAX in your MetaMask you will need to Mint FPI.
  • Head to FraxSwap main page here and connect your MetaMask : https://app.frax.finance/fraxswap
  • You will arrive at this page :
  • Click “Mint FPI”.
  • Choose the amount of FRAX you want to use to mint FPI.
  • Click “MINT”.
  • A MetaMask transaction will pop-up to approve your spending “Confirm” it.
  • Another a MetaMask transaction will pop-up “confirm” it.
  • Congratulations you have successfully Minted FPI stablecoin.

3- How to use the Redeem FPI Function on FraxSwap?

  • Now you have FPI in your MetaMask you will need to Redeem it.
  • Head to FraxSwap main page here and connect your MetaMask : https://app.frax.finance/fraxswap
  • You will arrive at this page :
  • Click “Redeem FPI”.
  • Choose the amount of FPI you want Redeem.
  • Click “REDEEM”.
  • A MetaMask transaction will pop-up to approve your spending “Confirm” it.
  • Another a MetaMask transaction will pop-up to redeem your FPI “confirm” it.
  • Congratulations you have successfully Redeemed FPI stablecoin.

About Frax Finance

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Frax Finance Community

Frax Finance Community

Frax is the first and only stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic.