8/11/2022 - Tokemak USD Market Making has a 30d APY of 2.33%, a TVL of 531,244, and an Exponential Risk Rating of D. This pool takes your FRAX deposits and pairs them with other protocol tokens to facilitate trades on decentralized exchanges.

Tokemak USD Market Making on Ethereum (FRAX)

This pool takes your FRAX deposits and pairs them with other protocol tokens to facilitate trades on decentralized exchanges. Your yield comes from inflation emissions in the form of TOKE, the native protocol token.

FRAX is the first fractional-algorithmic stablecoin partially collateralized by USDC stablcoins and the FXS governance tokens.

FRAX

This pool serves as a yield-generating savings account for you to earn yield on your USD stablecoins

Investment Strategy

Fundamentals

Economics

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Code quality of the underlying smart contracts

Tokemak

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Ethereum

Chain Design

Pool Fundamentals

Reflects how exposed the pool is to leverage or undercollateralized assets for lending protocols

Tokemak USD Market Making

Collateralization & Leverage

The potential loss incurred when investing in a liquidity pool versus holding the assets separately outside the pool

Impermanent Loss

Assessment of yield sustainability due to organic market demand or high incentives

Yield Outlook

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Economics

Something that shows up when you hover over the (i) icon

Yield Source

Your yield consists purely of protocol emissions on the Ethereum blockchain

There are short-term incentives to encourage more deposits into the pool