WFRAX (crvUSD borrow)
WFRAXsource: StableLens reference & flow dataReport incorrect data
Frequently asked
Is WFRAX (crvUSD borrow) FDIC or SIPC insured?
No. WFRAX (crvUSD borrow) is a crypto earn product, not a bank deposit — the WFRAX is held and deployed by curve-llamalend, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~0% yield come from?
WFRAX (crvUSD borrow) deploys the deposited WFRAX to generate the rate; it is variable, not fixed.
Is WFRAX safe?
See the WFRAX report for its compliance score, reserves, and peg history.
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