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Frax Finance will launch sFRAX, a pledged vault based on U.S. Treasury bonds
2023-10-10 02:31
Odaily News Frax Finance launched sFRAX, a pledged vault based on U.S. Treasury bonds, and also launched a bond product that will be converted into FRAX’s stablecoin upon maturity. Frax founder Sam Kazemian said users will be able to deposit funds into sFRAX and earn a 10% rate of return, which will then gradually drop to approximately 5.4%, the Federal Reserve’s current IORB rate. (BlockWorks)
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Important News
2025-11-04 20:55
"Brother Machi" re-entered the market, opening a long position of 988 ETH, with a liquidation price of $3120.
2025-11-04 20:28
The US government shutdown deadlock continues, and the 35-day record is about to be broken.
2025-11-04 20:18
In the past 4 hours, a total of $678 million in positions were liquidated across the entire network, mainly long positions.
2025-11-04 20:17
SOL fell below 150 USDT, a 9.6% drop in the last 24 hours.
2025-11-04 20:17
BTC fell below 100,000 USDT, a 6.29% drop in the last 24 hours.
2025-11-04 20:16
ETH fell below 3200 USDT, a 24-hour drop of 11.41%.
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