1/ frxUSD is now backing @Rings_Protocol scUSD on @SonicLabs 💥 With $50M+ TVL and the top boost for the $S airdrop, scUSD plays a key role in driving liquidity on Sonic. Now you can mint scUSD by depositing our flagship stablecoin frxUSD. Get started:
$scUSD now supports $frxUSD as collateral! You can now use @fraxfinance's frxUSD as collateral to mint $scUSD on both Ethereum and Sonic. This integration enhances accessibility and choice for users. Start minting today!
4/ Frax 🤝 Sonic Frax and Sonic are DeFi pioneers, and we will continue working together to bring you the best of DeFi. Recently, we launched sfrxUSD instant staking. frxUSD is the #3 Sonic stablecoin, now collateral for the #2 scUSD, and we won't stop until we reach #1 🏆
1/ sfrxUSD on Sonic 💥 Led by fellow DeFi innovator @AndreCronjeTech, @SonicLabs is designed for DeFi first and is growing fast with $1B+ TVL. frxUSD is already on Sonic, and the benchmark yield of sfrxUSD will now also become a staple. Instantly staked via @LayerZero_Core.
21.44K
97
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.