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375 B
375 B
frax finance
tl; dr
- 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)