On October 12, Crypto Hedge Fund Ouroboros Capital announced that the decentralized cross-chain protocol, Frax Finance introduced sFRAX, an ERC4626 staking vault, enabling FRAX holders to earn yields equivalent to the interest rate on reserve balances set by the U.S. Federal Reserve (IORB). However, the influx of investor funds into its newly introduced high-yield staking The post New sFRAX Vault Locks $35 Million Worth Of Deposits In 24 Hours appeared first on Coin Edition .
