How are sFRAX yields 7.87% right now? i see how it

Question

Frax Finance

Mize

How are sFRAX yields 7.87% right now? i see how it

can go below the t--bill rate momentarily when new deposits come in but how does it ever go above?

#cryptocurrency #english #frax

0

13.10.2023

7 ответов

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Alberto

yields is 7.87% because in the first epoch Frax has kickstarted the vault with 50k FRAX. Next wednesday new epoch will start and the money thats on the sFrax vault will be used to purchase RWAs through middleman called FinresPBC. The yield of those RWAs will flow back to sFrax next wednesday, and so on.

0

13.10.2023

Mize Автор вопроса

Alberto
yields is 7.87% because in the first epoch Frax ha...

50k FRAX as yields just for this one week?

0

13.10.2023

Mize Автор вопроса

Alberto
yields is 7.87% because in the first epoch Frax ha...

where did the FRAX team say they kickstarted the vault with 50k btw?

0

13.10.2023