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Frax Finance
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A major historical event for Frax as we are live on Sphere this week to kick off an incredible week of firsts! #FRAXonSphere #SphereVegas @SphereVegas
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1/ Frax is entering a new era. We're building the first Stablecoin OS, a unified vision for better money and the network it settles on. Trillions of dollars are coming onchain through stablecoins. We intend to capture it. To tell this story, we've created a new X account: @frax
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1/ sfrxUSD now live on Sei 🔴💨 Frax's sfrxUSD is integrated with @SeiNetwork, expanding stablecoin utility across DeFi apps like @jlyvrs and @synnax_labs. frxUSD can now be converted to sfrxUSD directly on Sei, with support powered by @LayerZero_Core.
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1/ sfrxUSD-scUSD Market Live on @SiloFinance 🏦 Generously bootstrapped with $3M scUSD by @rings_protocol, early movers on @SonicLabs get rewarded. Deposit sfrxUSD here: https://v2.silo.finance/markets/sonic/sfrxusd-scusd-48?action=deposit
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1/ On April 29th at noon PST, Frax takes the next step in our evolution with the North Star Upgrade ⭐️ With this update, Frax Share will be renamed simply to Frax, become the gas token for Fraxtal, & be the sole commodity token utilized for security in t
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1/ sfrxUSD on Sonic 💥 Led by fellow DeFi innovator @AndreCronjeTech, @SonicLabs is designed for DeFi first and is growing fast with $1B+ TVL. frxUSD is already on Sonic, and the benchmark yield of sfrxUSD will now also become a staple. Instantly staked
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