This opportunity works well for investors who want long exposure to Ethereum (ETH). Keep in mind, ETH's price will impact your earnings, in addition to this pool's performance.
Investors in this pool are exposed to the risks of pxETH and frxETH, which are both wrapped ETH assets fully collateralized by ETH deposits.
This pool earns swap fees between pxETH and frxETH (and CRV rewards) but exposes users to the risk of principal loss if either pxETH or frxETH were to depeg significantly.