Staked Frax Ether

Staked Frax Ether (SFRXETH)

Staked Frax Ether (SFRXETH) is a revolutionary vault token designed to enhance the staking experience within the Ethereum ecosystem. As a product of the Frax Finance protocol, SFRXETH serves as a unique vehicle for accruing all proof of stake rewards generated by ETH validators operated by the protocol.

Key Features

• ERC4626 Compliance: SFRXETH is fully compliant with the ERC4626 standard, ensuring seamless integration and interoperability within the Ethereum ecosystem.
• Non-Rebasing: Unlike many other tokens, SFRXETH is a non-rebasing token, meaning its supply remains stable while it accrues value over time.
• Interest-Bearing: As an interest-bearing token, SFRXETH allows holders to benefit from the staking rewards without needing to actively manage their assets.

Integration Across Ecosystems

SFRXETH is part of various ecosystems including BNB Chain, Polygon, Fantom, Arbitrum, Moonbeam, and Optimism. This extensive integration allows users to utilize SFRXETH across multiple decentralized finance (DeFi) platforms, enhancing liquidity and accessibility.

Liquid Staking Token

As a liquid staking token, SFRXETH provides users with the flexibility to stake their ETH while maintaining liquidity. This means that holders can participate in staking rewards while still having the option to trade or utilize their assets within the DeFi space.