From 2531b63c683245cb59256084474ea75dd3a69f4d Mon Sep 17 00:00:00 2001
From: "steinkirch.eth, phd" <1130416+mvonsteinkirch@users.noreply.github.com>
Date: Sun, 16 Apr 2023 12:37:17 -0700
Subject: [PATCH] Create Frax.md

---
 MEV_and_trading/staking/Frax.md | 18 ++++++++++++++++++
 1 file changed, 18 insertions(+)
 create mode 100644 MEV_and_trading/staking/Frax.md

diff --git a/MEV_and_trading/staking/Frax.md b/MEV_and_trading/staking/Frax.md
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+## [frax finance]()
+
+<br>
+
+### tl; dr
+
+<br>
+
+* total eth staked ~128k
+* q1/23 stats: inflow of 82k eth, market share gone to 1.6%, fees generated: $1.7m, $FXSUSD +122%
+* frax offes the highest staking apr via their dual token model with frxETH and srfxETH
+* frax v3 is about making $FRAX safe, being pegged directly to USD (rather than stablecoins)
+
+<br>
+
+---
+
+### resources