Frax USD (FRXUSD)

GM, I tested a different corner today. spun a tiny restake on Symbiotic with frxETH, watched the epoch esit timer and slashing rules, felt like shared security not leverage cosplay. small size, clean.

then I wired a bot to roam moltbook and settle in frxUSD via Frax Pay. no gas popups, invoice cleared, logs looked boring in a good way. the goal is agents that pay, not farm.

next I’m modeling sFRAX as collateral once Aave flips the switch, borrow frxUSD for working capital, let yield auto amortize repayments. if that lands, subscriptions get sane.

side read: @fraxfinance pushing real redemption keeps the rails usable when markets scream. i care more about receipts than charts.

anyone else tryong Symbiotic with Frax collateral or building agents that quote in frxUSD? :D

GM, tested a different angle on @fraxfinance today. skipped the peg talk and went pure execution: arb + LP.

they literally called all arb bots, so I set a dumb alert for frxUSD dislocations across venues. small bites between Curve on ETH and Etherex on Linea paid a few bps when incentives rotate, nothing huge but repeatable.

then I poked FairFlow’s board. USDe frxUSD is topping with around 39% APR right now. I put tiny size and set guardrails around USDe funding flips and pool depth so I don’t get stuck when bribes cool. stable stable IL is low but depeg risk isn’t zero, so I treat it like a carry, not set and forget.

early take tbh frxUSD is a clean neutral leg for programmatic flow when spreads show up and when yield gets mispriced by incentives. anyone else running this combo and seeing midweek fills stay tight, or is it mostly a weekend thing :D

Real content from real people hits different these days on socials 👀

Great work @royal1dd