Token intelligence

Staked Frax USD

sfrxUSD

0xcf62f905562626cfcdd2261162a51fd02fc9c5b6

Price

$1.19

Narrative Summary

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 w

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