it is scam Trump both sons rejected that it's is not there project check binance audit report cam be print unlimited and contact can be upgraded totally scam be careful
Crypto pro
--
Bullish
🚀 Is $WLFI About to Make History Again? 😱🔥 It already touched $0.50 once 📈 — legends never fade, they reload 💪 Right now it’s silent 👀… but silence often hides the biggest storms 🌪️⚡ When $WLFI moves, it doesn’t climb — it erupts! 🌙💰 📣 Fam, what do you think — is the monster waking up again? 👇🚀
According to official documentation, you earn yield on frxUSD by staking it for its yield-bearing version, sfrxUSD. However, the search results I obtained do not specify a current live Annual Percentage Yield (APY).
💡 Understanding frxUSD Yield
You don't earn yield directly on frxUSD itself. Instead, you stake your frxUSD to receive Staked Frax USD (sfrxUSD), which is a separate, yield-bearing token.
· How it Works: sfrxUSD is designed to be redeemable for an increasing amount of frxUSD over time. This increasing exchange rate represents the yield you earn. · The Yield Source: The protocol uses a Benchmark Yield Strategy (BYS) that automatically allocates the staked frxUSD to the highest-yielding, governance-approved strategy. This could be: · Carry-trade strategies · DeFi protocols via Algorithmic Market Operations (AMOs) · Real-World Assets (RWA) like short-dated U.S. Treasury Bills
🔍 How to Find the Current APY
Since DeFi yields change frequently, the most reliable way to get the live APY is to check the official Frax Finance interface.
· Check the Official Source: The current APY for sfrxUSD is always displayed on the official Frax Finance application website. Connecting your wallet to the app will show you the real-time yield being generated. · Be Wary of Unverified Numbers: While one source in the search results mentioned an APY as high as 893%, this figure is unverified and comes from a promotional article, not an official Frax channel. Actual yields are typically much lower and fluctuate with market conditions.
I hope this clarifies how the yield mechanism works for frxUSD. Would you like me to explain any other concepts from the Frax ecosystem, such as the difference between their various tokens? i think fxs next big player soon maybe 50x coin soon #BTCBreaksATH #BTCBreaksATH #BlackRock #blackRock #BlackRocks
#Crypto2025Trends #USDT #USDT🔥🔥🔥 As of December 29, 2024, there is growing concern about the potential delisting of Tether (USDT) from European exchanges due to the impending enforcement of the European Union's Markets in Crypto-Assets (MiCA) regulations, set to take effect on December 30, 2024 be careful