The current price of Staked FRAX is $1.10 in USD. As of now, a total of 62.1M sfrax are in circulation across the market. Staked FRAX has experienced a price change of -0.06% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Staked FRAX trading volume on crypto exchanges has reached $9.9.
Description
Staked FRAX (sFRAX) is a staking mechanism in the Frax Protocol, allowing FRAX stablecoin holders to earn yield. It operates under the ERC-4626 standard and aims to align its yield with the US Federal Reserve's IORB rate. The product was developed by the Frax Protocol team, led by founder Sam Kazemian.
sfrax Markets
# | Exchange | Pair |
---|
sfrax News
At this time, there are no updates to share. We will keep you informed as soon as there is any news