We're thrilled to welcome Frax Finance as our 2nd #ETH launch partner.
02 Aug 2023, 15:18
We're thrilled to welcome Frax Finance as our 2nd #ETH launch partner! 🎉
Frax Finance is a leading decentralized stablecoin protocol behind top assets like $FRAX -- but their innovation doesn't stop at stablecoins.
That brings us to #sfrxETH - a liquid staking derivative designed to maximize yields and simplify earning interest on $ETH. By leveraging the Frax ecosystem, $frxETH and #sfrxETH provide a DeFi-native way to maximize staking rewards.
Onboarding more LSDs onto Wombat means more innovative yield opportunities! Stay tuned for more big-name partnerships soon 🤫