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TechFlow reports, on-chain data shows that Curve founder Michael Egorov has created a new liquidity pool for FraxLend's CRV/FRAX market on Curve: crvUSD/fFRAX, where fFRAX is the receipt token from CRV/FRAX on Fraxlend.
Currently, the annualized yield for the crvUSD/fFRAX pool on Curve reaches as high as 462.5%, while the annualized reward for CRV/FRAX on Fraxlend is approximately 70%.
On-chain data shows that Michael Egorov, founder of Curve, has created a new liquidity pool for CRV/FRAX on FraxLend—crvUSD/fFRAX—on Curve, where fFRAX is the receipt token from CRV/FRAX on Fraxlend. Currently, the annualized yield for the crvUSD/fFRAX pool on Curve reaches as high as 462.5%, while the annualized reward for CRV/FRAX on Fraxlend is approximately 70%.
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