Frax's stablecoin pool is farming again on Katana.
The APR for frxUSD/sfrxUSD is shooting for 500%, and sfrxUSD can also earn yield cross-chain, as stable as an old dog.
Unlike those purely algorithmic ones, Frax combines collateral + algorithm, making frxUSD a safe haven during crises.
For those looking to level up, hurry and LP a bit; the $FXS governance token can still vote on direction.
Come on, let's earn stable returns together.
@fraxfinance
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