sFRAX

About sFRAX

sFRAX (Staked FRAX) is an ERC-4626 compatible vault that allows users to earn yield on their FRAX stablecoins. It is part of the Frax Finance ecosystem, a decentralized stablecoin protocol that utilizes subprotocols like Fraxlend and Fraxswap to maintain stability and provide liquidity. sFRAX tracks the interest earned from the protocol's various yield-generating activities, including RWA (Real World Asset) strategies and internal lending markets.