About Staked Frax USD
Staked Frax USD (SFRXUSD) is a yield-bearing stablecoin pegged to the US dollar. Built on the Frax ecosystem, it allows users to earn interest while maintaining price stability. It's an ERC4626 token, fully redeemable for FRAX without fees or price impact. The yield strategy employs carry-trade, AMOs, and IORB rates for competitive APY.
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