A fresh new stablecoin loop has arrived to Silo Sonic with the latest sfrxUSD-scUSD silo. Choose your strategy: 🅰️ Loop sfrxUSD against scUSD for leveraged yield 🅱️ Lend scUSD for interest, Rings, and Sonic Points Both paths come with a healthy helping of Silo Points. 👇
sfrxUSD is a yield-bearing stablecoin by @fraxfinance while scUSD is a metastablecoin by @Rings_Protocol. The market is generously bootstrapped with $3m scUSD thanks to Rings! Deposit here: SILO SONIC RINGS FRAX
1/ sfrxUSD-scUSD Market Live on @SiloFinance 🏦 Generously bootstrapped with $3M scUSD by @rings_protocol, early movers on @SonicLabs get rewarded. Deposit sfrxUSD here:
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