frxUSD PegKeeper sees record August: minting doubles, peg stable
Curve's frxUSD PegKeeper program with Frax Finance, pairing frxUSD with yield-bearing sUSDai, had a busy August. On-chain minting of frxUSD (ethereum:0xf939…1b4e) nearly doubled, the peg stayed within 6.1 bps, and ResupplyFi received more $sreUSD capacity within the PegKeeper framework.
August also saw LlamaLend V2 borrowing rise 45% as part of the broader Curve ecosystem update.
- frxUSD minting nearly doubled, peg held within 6.1 bps
- ResupplyFi capacity expanded for $sreUSD
Sources
- Busy August ethereum:0xf939e0a03fb07f59a73314e73794be0e57ac1b4e minting nearly doubled, the peg stayed within 6.1 bps, and LlamaLend V2 borrowing rose 45%. @ResupplyFi got more $sreUSD capacity, @twinfinance_ launched FX markets in collaboration with @DAMM_Capita, and yRisk wasx.com ↗
- RT @fraxfinance: New frxUSD PegKeeper pool is live with @USDai_Official. The @CurveFinance pool pairs frxUSD with sUSDai, a yield-bearing…x.com ↗
