L-FRAX

USDC

10/19/2023 - Mero USD Staking has a 30d APY of 0%, a TVL of 0, and an Exponential Risk Rating of D. This pool allows you to deposit your FRAX to earn yield across various DeFi strategies.

Mero USD Staking on Ethereum (L-FRAX, USDC)

This pool allows you to deposit your FRAX to earn yield across various DeFi strategies. Your yield comes from trading fees and auto-compounding of protocol rewards.

L-FRAX is the legacy fully-collateralized stablecoin that uses Algorithmic Market Operation (AMO) smart contracts as stability mechanisms. frxUSD is the new, regulatory-compliant stablecoin backed 1:1 by U.S. Treasuries and cash equivalents.

USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

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

Investment Strategy

Fundamentals

Risk

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

Reflects how much principal is at risk due to the nature of the pool`s economic design

Mero USD Staking

Pool Design

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

FRAX

Risk Compounding

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Mero

Curve

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

Protocol Maturity

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

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Ethereum

Chain Maturity

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

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

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

Yield Source

Your yield consists of stablecoin trading fees and auto-compounding of protocol rewards on the Ethereum blockchain

This pool has been receiving protocol incentives to encourage more user deposits

Discover the best DeFi opportunities with expert research and risk insights.

Mero USD Staking

This pool allows you to deposit your FRAX to earn yield across various DeFi strategies. Your yield comes from trading fees and auto-compounding of protocol rewards.