Research Summary
- The report discusses Frax Finance, a project that has been under observation since the inception of DeFi Education.
- Frax aims to be a one-stop shop for three major sources of yield: the US dollar risk-free rate, Ethereum staking fees (crypto’s risk-free rate), and the interest paid by borrowers.
Actionable Insights
- Exploration Opportunity: Frax Finance’s continuous experimentation and expansion with new products and features may present opportunities for investment or collaboration.
- Yield Sources: Understanding the three major sources of yield that Frax targets could provide insights into potential investment strategies in the DeFi space.