Staked Frax USD (SFRXUSD)
0x5bff88ca1442c2496f7e475e9e7786383bc070c0
About Staked Frax USD
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.
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.
In case of missing or misleading information pleaseID: 178098
0
0
0
5m--
1h--
6h--
24h--
TXN -
Buy -
Sell -
Volume $0.0
All Time HighFeb 24, 2025, 8:06 PM
$1.198at ATH
All Time High LPFeb 25, 2025, 5:59 AM
$10 at ATH
Staked Frax USD FAQ
What is the price of Staked Frax USD?
Where can I buy Staked Frax USD?
Is Staked Frax USD a scam?
What is Staked Frax USD contract address?
What is the Staked Frax USD Market Cap?
Launched on Feb 24, 2025
In case of missing or misleading information please