PitchFXS

Hourglass was originally launched in early 2022 as Pitch, a protocol which specialized in programmable infrastructure for time-locked governance tokens. While this vision has now expanded general time-bound, semi-fungible tokens, you can find documentation on all governance-specific products here.

Tokenomics

pitchFXS aims to be Frax’s deepest on- and off-ramp for liquid governance. pitchFXS is a liquid wrapper for locked veFXS positions to retain governance power. Staking pitchFXS entitles holders with:

• Automatic participation in Frax governance rewards including vote delegation on Snapshot

• Native veFXS yield, which is distributed via periodic airdrops

• Programmability, including the potential to borrow and lend against the ERC-20 token

Contract Addresses

VoterProxy: 0x78ec75e69A5f2150c1095E5FEffc1Fe17362aCC0

FXSDepositor: 0xdfa1F69774ad2924Cebd43d75AaDfb92403C5335

PitchFXS: 0x11EBe21e9d7BF541A18e1E3aC94939018Ce88F0b