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Staked Frax
sFRAX
RESTAKED
0.00
sFRAX is an ERC4626 staking vault that distributes part of the Frax Protocol yield weekly to stakers denominated in FRAX stablecoins. The sFRAX token represents pro rata deposits within the vault and is always withdrawable for FRAX stablecoins at the pro rata rate at all times. sFRAX APY attempts to roughly track the interest on reserve balances (IORB) rate of the United States Federal Reserve using the IORB oracle. This benchmark rate is generally accepted as the “risk free rate” of the US Dollar. The FRAX staking vault attempts, but does not guarantee in any way, to target this rate. Token address: 0xA663B02CF0a4b149d2aD41910CB81e23e1c41c32
AMOUNT TO DEPOSIT
sFRAX
WALLET BALANCE
0.00 sFRAX
ASSET NETWORK