This Week in Frax - November 24, 2023

Samuel McCulloch
Samuel McCulloch
Nov 26, 2023
This Week in Frax - November 24, 2023

Metronome Smart Farming Wrap-up

It's been a great ride covering Smart Farming for the last 6 weeks. We've seen some impressive APR's and opportunities for FRAX leveraged yield. We're wrapping up this adventure with a guide to how to use Smart Farming.

Frax, Short for Fractional or Fractal 🤔

It's Oh So Quiet... For Now 😏

Something Something Fraxchain Soon™️

Travis deployed FraxChainPortal.sol and FraxchainFrxEthMinter.sol to the Github repo this week. You can read about it this week in Cryptovestor's Alpha Corner.

F of X? - Cryptovestor’s Alpha Corner #7
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Imitation is the Highest Form of Flattery

All aboard the Stablecoin Maximalism train! Blast announced the upcoming launch of their L2, which their main selling point is that they will swap stables into sDAI and ETH into stETH. They will then automatically rebase the underlying on-chain with the earned yield. Long time Flywheel readers will know that this is a core feature of Frax and an upcoming part of Fraxchain, to be launched in January 2024.

Be wary of Blast though, the "deposit" contract is actually a 3/5 multi-sig with unknown signers and a non-verified contract.

Opportunities

Big Bribes on Thena Exchange

Beefy Autocompounding of Prisma Farms

Vesper Yields Near 17% for FRAX

Lodestar STIP Yields

Zeta Offers FRAX borrowing

Best of Twitter

Foxi With the FXS Alpha

We like their charts :)

sfrxETH Holders Take the Survey

DolaK1ng With a Summary of Frax

Crypto Gideon Longs FXS

ModernTrader Picks FXS


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