sfrxUSD/frxUSD
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.
Score | 9 |
|---|---|
24h Vol | $14.57 |
Liquidity | $14.32 |
Holders | 817 |
Audits | |
Age | 1 year |
FDV | $8.7K |
Market Cap | $32M |
| Addresses | |
|---|---|
| Pool | |
| sfrxUSD |  |
| frxUSD | |
sfrxUSD to frxUSD Converter
Score | 9 |
|---|---|
24h Vol | $14.57 |
Liquidity | $14.32 |
Holders | 817 |
Audits | |
Age | 1 year |
FDV | $8.7K |
Market Cap | $32M |
About Staked Frax USD (sfrxUSD)
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/frxUSD Price Stats
The current price of sfrxUSD (sfrxUSD/frxUSD) on SwapX Algebra is $1.165, the price is up 4.1% in the last 24 hours. Its 24-hour trading volume is reported to be at $14.57 with a total of 10 transactions. sfrxUSD/frxUSD contract address is 0x7d709a567ba2fdbbb92e94e5fe74b9cbbc590835, with a Fully Diluted Valuation (FDV) of $8,693.37 and a liquidity pool of $14.32.
