Hi guys hope yall well sorry for stupid question but

Question

Frax Finance

M K

Hi guys hope yall well sorry for stupid question but

if sfrxeth is frxeth + staking yield, how come there are big jumps in its value vs eth? Like this one on 15 may

#cryptocurrency #english #frax

0

18.05.2023

5 ответов

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M K Автор вопроса

0

18.05.2023

H¤reτ¤r¤

I dont know where they have their info from, but that is not correct. You can always unstake sfrxETH back to frxEH. And you can exchange HUGE volumes of frxETH for ETH on curve without nearly any slippage.

0

18.05.2023

M K Автор вопроса

Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$
Hey, sFrxEth is a yield bearing which means your t...

Hi sir thanks for reply i probably didn’t explain myself well enough will try bellow

0

18.05.2023

M K Автор вопроса

H¤reτ¤r¤
I dont know where they have their info from, but t...

Hi sir thanks for reply i probably didn’t explain myself well enough will try bellow

0

18.05.2023

Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$ · Accepted Answer

Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$

Hey, sFrxEth is a yield bearing which means your token increases in value but when minting FrxEth, you'll require to mint frxETH at 1:1, then stake it for sFrxEth which increases in value.

0

18.05.2023

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Hi guys hope yall well sorry for stupid question but

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