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SFRXUSD

Rank #1091
Staked Frax USD logo

Staked Frax USD

1.12
-0.00093991031
-0.08%
Apr 03, 22:49 UTC

Staked Frax USD (SFRXUSD) Profile & Statistics

About

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 with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.


Info & Links


SFRXUSD Statistics

24H Low/High
  • Rank
    #1,091
  • Market Cap
    $17,963,721
  • Fully Diluted Valuation
    $217

  • Circulating Supply
    15,992,484
  • Max Supply
    -
  • Total Supply
    15,993,195

  • 24H Trading Vol
    $456,695
  • Hashing Algorithm
    -
  • Block Mining Time
    -
Performance Table

Change vs. USD

1D
-0.08%
7D
+0.44%
30D
+0.98%
YTD
N/A
1Y
N/A

Circulating/Total
100.00%
Mkt Dominance
0.00%

SFRXUSD Social Stats

  • Twitter Followers
    99,631
  • Reddit Subscribers
    0
  • Reddit Average Active Accounts
    0
  • Reddit Average New Posts Per Hour
    0
  • Reddit Average Comments Per Hour
    0
  • Telegram Channel Users
    16,618

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