Staked Frax USD sfrxUSD stablecoin vaults
About Staked Frax USD
sfrxUSD is an ERC-4626 yield-bearing token representing frxUSD deposited in the Frax staking vault. It targets a benchmark-rate strategy alternating between carry-trade, AMO, and T-bill strategies. sfrxUSD is redeemable for frxUSD at any time with no fees.
Stablecoin price 1 sfrxUSD = $1.20
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