Frax Ether protocol
Overview
Frax Ether is a liquid staking protocol for Ethereum from Frax Finance. Users deposit ETH to mint frxETH, which can be used in DeFi, while sfrxETH is an auto-compounding variant that accrues staking rewards.
Within the DeFi Intel graph, Frax Ether connects to 4 tracked entities, most strongly to Ethereum, Fraxtal, Frax Finance.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Fraxtal | 95% |
issued_by | Frax Finance | 95% |
supports_token | sfrxETH | 95% |
Frequently asked questions
What is Frax Ether?
Frax Ether is a liquid staking token (frxETH) and its yield-bearing counterpart (sfrxETH) built by Frax Finance, enabling staking of ETH while maintaining liquidity.
How does sfrxETH differ from frxETH?
sfrxETH automatically accumulates staking rewards over time, whereas frxETH does not; sfrxETH is minted by depositing frxETH into the staking contract.
Is Frax Ether a decentralized liquid staking solution?
Frax Ether uses a validator set managed by Frax Finance, with ongoing efforts to increase decentralization; it remains non-custodial for users.
What is Frax Ether connected to?
In the DeFi Intel knowledge graph, Frax Ether is linked to 4 other tracked entities, most strongly to Ethereum, Fraxtal, Frax Finance.
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