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SUBGURU-

Guy, can someone clarify for me? If I lock my

FXS for veFXS, do I get any other financial benefit from it besides having better yields from the staking pools? Let’s say I do not participate in any of the pools, do I get some yield for just having veFXS?

#cryptocurrency #english #frax
0

8 ответов

27 просмотров
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)

Yes you get rewards for staking FXS for veFXS as well as voting participation rights on governance proposals

0
15.10.2022
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)

Here is the documentation on veFXS for reference: https://docs.frax.finance/vefxs/vefxs

0
15.10.2022
SUBGURU- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
Yes you get rewards for staking FXS for veFXS as w...

Yeah I know about the governance rights. I was just interested in yields only in this respect. How much is the yield from having veFXS right now?

0
15.10.2022
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)
SUBGURU
Yeah I know about the governance rights. I was jus...

Current APR is 2.22% as of writing. You can check the details here: https://app.frax.finance/vefxs

0
15.10.2022
SUBGURU- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
My pleasure ◡̈

And one last, the yield rewards are paid in FXS?

0
15.10.2022

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