Frax Finance ยคโ๏ธยค
@fraxfinance
ยค The Financial Engine of the Internet ยค $FRAX (prev. $FXS)
For onchain DeFi โ @fraxfinance
For strategic & institutional news โ @frax
๊ฐ์
May 2019
363 ํ๋ก์ ์ค 102.3K ํฌ
New frxUSD PegKeeper pool with Tori ๐
@tori_finance has selected frxUSD to pair with its trUSD stablecoin, backed by delta-neutral trading positions.
We look forward to growing together. LP here:
๋ ๋ณด๊ธฐ
frxUSD/trUSD is live on @CurveFinance.
What is different about this one:
@fraxfinance backs frxUSD with tokenized treasuries and money market funds. Rather than keep that reserve income, they forward it into the pool's incentives.
What you earn:
A share of the fees on every swap routed through, the incentives Frax streams to the pool, and 30x Cores for supplying. The pool reads 10.43% APY today.
You can also stake the LP shares on @ConvexFinance.
Links below.
๋ ๋ณด๊ธฐ
