frxUSD is backed by T-bills.
Every frxUSD in our pools earns that yield, and Frax shares it with Alandale.
We route it to bribes, so lockers vote and incentives grow. We also build frxUSD POL that the protocol owns forever to bring deeper liquidity.
frxUSD/USDG and frxUSD/SPY are live now.
What's that I see?
Every single vault in @beefyfinance's Spotlight right now is an Alandale pool.
WETH/USDG 162%
SPY/WETH 135%
LUTE/WETH 900%
LUTE/USDG 1,167%
New launches, hidden gems, vaults worth a closer look. All four of them, ours.
Alandale x @beefyfinance
Your LP position compounds itself + boosted emissions
Beefy vaults are live for Alandale pools. Deposit once, the vault does the harvesting.
Nothing else changes. 100% of fees still go to lockers.