frxUSD vault goes live on Jumper Earn
Frax Finance announced that frxUSD now appears on Jumper Earn via a StakeDAO-curated vault. The vault lends frxUSD to loopers of frxUSD PegKeeper Curve Finance LP tokens on Morpho, making the strategy a one-click option on the Jumper app.
Frax
Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.
