The mixed stablecoin protocol Frax Finance will launch an Ethereum liquid staking product

2022-10-17 23:15:02

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ChainCatcher news, according to The Block, the hybrid algorithm stablecoin protocol Frax Finance will launch an Ethereum liquid staking product within two weeks, which will allow users to stake Ethereum and receive the liquid staking token frxETH. However, to obtain Ethereum staking rewards, frxETH needs to be staked as sfrxETH. Currently, Frax Finance is conducting a security audit on the product. (source link)

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