8/19/2022 - Llama Airforce FXS Fee Sharing has a 30d APY of 5.13%, a TVL of 1,526,223, and an Exponential Risk Rating of F. This pool allows you to stake FXS to earn a proportional share of protocol revenues.

Llama Airforce FXS Fee Sharing on Ethereum (FXS, FRAX)

This pool allows you to stake FXS to earn a proportional share of protocol revenues. Your yield is generated from fees paid whenever users utilize the protocol's services.

FXS is the governance and value-accrual token of the Frax protocol and can be used as collateral to mint the protocol's FRAX stablecoin.

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 account for you to earn yield on your FXS

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

Llama Airforce

Frax

Convex

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

Risk Compounding

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

Llama Airforce FXS Fee Sharing

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 of protocol fees generated by the FRAX protocol when users mint or redeem FRAX stablecoin. Llama Airforce will reinvest all fees for more FXS

No short-term incentives to encourage deposits into the pool