Ethena Labs: Frax Finance’s Singularity Roadmap Proposal Approved
Ethena Labs posted on the X platform that the proposal for Frax Finance's milestone roadmap has been approved, including allocating funds for USDeFRAX POL through Curve AMO, with a cap of $250 million. Starting from yesterday, FRAX has increased USDe POL, which will create one of the deepest on-chain USD liquidity pools and diversify revenue sources for FRAX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Terminal Finance: Project shuts down due to delays in the Converge chain, protocol codebase to be open-sourced later
Cathie Wood remains optimistic about bitcoin's $1.5 million price target
Trending news
MoreCrypto prices
More
