sFRAX Liquid Restaking Live: Expand Your Stablecion Yield in Defi

We are excited to announce the integration of sFRAX, another powerful addition to our growing suite of liquid restaking solutions. As a crucial part of the Frax Finance ecosystem, this latest integration allows our users to unlock an additional layer of yield on their stablecoin holdings by restaking their sFRAX tokens on InceptionLRT.

Staking sFRAX through Eigenlayer and leveraging Inceptions LRT insFRAX presents a distinctive opportunity to access additional reward opportunities while continuing to benefit from FRAX’s ecosystem underlying benefits. Let’s learn about sFRAX, its underlying ecosystem, and how you can leverage it on Inceptions platform to your advantage.

If you’re new to liquid staking and want a deeper understanding of how it works, check out our post: A Comprehensive Look at Restaking

What is sFRAX?

sFRAX is a liquid derivative built within the FRAX ecosystem, representing staked FRAX, the world’s first fractional-algorithmic stablecoin. It compiles with the ERC-4626 standard and allows users to stake FRAX in the Frax protocol, earning rewards while retaining liquidity through sFRAX otkens. Users can withdraw sFRAX into FRAX stablecoins anytime, adding an extra layer of flexibility to the protocol.

The goal of sFRAX is to offer a stable, low-risk yield by tracking the interest rate set by the Federal Reserve. This makes it a good option for earning steady returns, as it distributes the protocol's weekly earnings in FRAX stablecoins.

FRAX stablecoins include:

• FRAX: The primary USD-pegged stablecoin in the Frax ecosystem, maintaining its value via algorithmic mechanisms, collateralization, and governance-controlled assets. It's a decentralized alternative to fiat-backed stablecoins like USDC and USDT.

• FPI (Frax Price Index): A stablecoin pegged to a basket of consumer goods, designed to hedge against inflation using real-world metrics instead of fiat currency.

• frxETH: A liquid staking derivative representing staked Ethereum. Holders of frxETH can stake it within the Frax ecosystem to receive sfrxETH, which is already restakable on InceptionLRT through EigenLayer.

For more information on sFRAX, visit the official documentation.

About Frax Finance: What is behind sFRAX LST

Frax Finance presents the first fractional-algorithmic stablecoin system, with the mission to provide a scalable and decentralized algorithmic currency. The protocol supports various assets such as FRAX, FXS, and sfrxETH, focusing on monetary stability and yield optimization in the DeFi ecosystem.

Frax is known for its innovative monetary models and real-world asset strategies, making it a reliable and robust system for both users and partner protocols.

Restaking sFRAX is now available on InceptionLRT!

What does this integration mean for our users? You can now restake sFRAX directly on InceptionLRT!

Users can now restake their sFRAX on InceptionLRT’s platform through EigenLayer, unlocking greater yield opportunities while maintaining stablecoin exposure. By leveraging insFRAX, InceptionLRT’s isolated liquid restaking token for sFRAX, you can restake your assets while benefiting from full composability within DeFi protocols.

Access the InceptionLRT dApp to get started with restaking your sFRAX and manage your positions effectively via our restaking dashboard.

sFRAX Restaking Option on InceptionLRTs dApp (Source)

Benefits of insFRAX

insFRAX offers unique advantages for users looking to optimize their sFRAX holdings while maintaining liquidity in the DeFi space. Here are the key benefits:

• Unlock 2 Layers of Stablecoin Rewards: Stablecoins traditionally don’t generate yield. However, by staking FRAX to get sFRAX and then restaking it through InceptionLRT, you can earn both staking and restaking rewards, maximizing the potential of your stablecoin.

• Minimized Risk Exposure: With Inception’s Isolated Liquid Restaking (iLRT) approach, each restaked asset is managed independently, ensuring that your sFRAX holdings are protected from risk associated with other assets. This gives you precision and control over your restaking strategies.

• Instant Liquidity: With Inception’s Flash Unstake module, you can withdraw your insFRAX at any time without having to wait for the 7-day unbinding period required by Eigenlayer. This provides unparalleled flexibility and instant access to your funds.

Turn Your Stablecoins into a Reward Powerhouse

With sFRAX now available for liquid restaking on InceptionLRT, users can expand their stablecoin yield and increase their DeFi exposure. This integration is ideal for those looking to grow their portfolios without taking on high-risk assets.

Unlcok Extra sFRAX Rewards with InceptionLRT - Begin Restaking Today!