Ethereum

Frax USD Staking

FRAX

This pool allows you to mint and redeem Frax Price Index (FPI) with FRAX. Your yield is generated by the protocol's strategy contracts, which targets a yield proportional to monthly CPI. In case of yield shortfall, FPIS governance token is minted and sold to ensure FPI maintains peg with the CPI.

2.1%

Yield

30d APY

Risk

APY

Last 90d

Yield2.1%

30d APY

Base

Reward

TVL

$93M

0.19%

last 30d

Yield

2.1%

APY 30d

Earnings

<$0.1M

Last 30d

Protocol

Frax

Summary

Risk

Fundamentals

Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets

Yield Source

Your yield consists of protocol fees and/or rewards generated by Frax's farming strategies, which are used to increase the FRAX collateral backing FPI

No short-term incentives to encourage deposits into the pool

Investment Strategy

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

Risk Details

Pool Fundamentals

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