SFRXUSD Frax Staked frxUSD Rank #519
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Frax Staked frxUSD (SFRXUSD) yet to make Zipp headlines
When Zipp's editorial pipeline picks up a Frax Staked frxUSD story, it lands here first. Until then, here are three useful paths:
Frax Staked frxUSD (SFRXUSD) — FAQ
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What is Frax Staked frxUSD?
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token.
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What kind of project is Frax Staked frxUSD?
Frax Staked frxUSD (SFRXUSD) is categorised as: Arbitrum Ecosystem, Liquid Staking Tokens, Ethereum Ecosystem.
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Where is Frax Staked frxUSD's official website?
The official Frax Staked frxUSD site is https://frax.com.
