Sorry if this is a mega dumb question 😅 Iis there

Question

Sorry if this is a mega dumb question 😅 Iis there

any drawback to lending sfrxeth compared to just holding it? You will capture the rewards from the value of the token itself, so lending it is a no brainer right? For some reason I feel like I am missing something obvious here!

#cryptocurrency #english #frax

0

16.08.2023

3 ответов

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TecY Viva

Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$
You can use it as collateral to borrow FRAX, there...

How much is the lending reward for Frax? I have sfrxEth just sitting there looking pretty and earning stake rewards. Is there a surplus in what Frax charges to lend u the Frax to what u earn in lending it out?

0

17.08.2023

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

TecY Viva
How much is the lending reward for Frax? I have sf...

You can check for the overview of the APR for each pairs here https://app.frax.finance/fraxlend/available-pairs

0

17.08.2023

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

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

You can use it as collateral to borrow FRAX, there is no reward in supply sFrxEth other than using it as a collateral. If you want to earn lending rewards, you'll need to supply FRAX.

0

16.08.2023

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Sorry if this is a mega dumb question 😅 Iis there

3 ответов

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