Frax Finance (¤, ¤) 🦇🔊
@_fraxfinance_
Frax Protocol issues the most innovative stablecoins in crypto & builds cross chain infrastructure for them: $FRAX 💰 $FPI ¤ $frxETH ♦
ID: 96356934
12-12-2009 14:59:24
51 Tweet
555 Followers
3 Following
Holy moly! A whole new menu of $frxETH LP harvester vaults! IF you ❤️ Frax Finance ¤⛓️¤, ETH LSDs, and juicy yields, get over to Concentrator now. rETH+frxETH steth+frxETH cbeth+frxETH seth+frxETH
Salomón Crypto ❤️ Memecoin Ethereum The Pond 🐸 Indeed $FRAX, $FPI, & $frxETH are natively issued on Polygon’s zkEVM already through Fraxferry since last week 💪 we’re definitely paying attention. Also working on some of the more prophetic points of the article for the future as well ;)
👀 Frax Finance ¤⛓️¤ about to support Curve / Convex LPs as collateral on FraxLend while still receiving boost, from lead dev $fxs $crv $cvx $frax Expecting $frax interest rev to increase soon to help boost CR. Once 100%, more rev to $fxs holders 🔥
Pretty damn sexy lending APY for $FRAX lendoooors in the $CRV and $FXS pairs. 9%+ yield on just #Stablecoins 🌚 Only at Frax Finance ¤⛓️¤.
5. frxETH + sfrxETH 🦾 Current APR: 6.55% Last but certainly not least is Frax Finance ¤⛓️¤, whose dual-token ETH liquid staking system is the highest-yielding in DeFi right now. Mint frxETH with ETH, then stake frxETH to start earning staking rewards via sfrxETH! 6/7
With Fraxlend, Fraxswap, and frxETH, the trinity is complete. Where does Frax Finance ¤⛓️¤ go from here? Here is an overview of rumored development plans and the upcoming launch of Frax v3. 🧵
looking at the deployment log, it appears that $crvUSD is initially backed by Frax Finance ¤⛓️¤'s staked $frxETH etherscan.io/address/0xac3E…