In April 2022, Frax released FPI as an inflation-pegged stablecoin, which tracks the US 12 month Consumer Price Index for All Urban Consumers (CPI-U) as reported by the BLS. The CPI-U measures the cost of a basket of goods, including food, energy, vehicles, medical care, etc
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://blockworks.co/news/token-distribution-tool-efficient-airdrops
- 2022
- a
- aims
- Airdrops
- All
- April
- basket
- Blockworks
- care
- consumer
- consumer price index
- Consumers
- Cost
- distribution
- efficient
- energy
- food
- Frax
- goods
- HTTPS
- Including
- index
- make
- measures
- medical
- medical care
- Month
- more
- more efficient
- plato
- Plato Data Intelligence
- PlatoData
- price
- released
- Reported
- stablecoin
- The
- to
- token
- tool
- urban
- urban consumers
- us
- Vehicles
- which
- zephyrnet