Here’s why Frax Finance (FXS) token soared today

Frax Finance is looking to mirror Uniswap’s proposal to allocate protocol fees to stakers
FXS price surged to highs of $9.64 and could break above $10 if bulls hold onto gains.After the Uniswap Foundation released a proposal seeking to distribute network fees to UNI stakers, the team at Frax Finance have outlined a similar proposal. Frax Finance founder Sam Kazemian outlined this during an interview with CoinDesk.
The Frax Finance team had earlier hinted at this on February 23 via a post