FRXUSD (FXB20291231 collateral)
FRXUSDsource: StableLens reference & flow dataReport incorrect data
Frequently asked
Is FRXUSD (FXB20291231 collateral) FDIC or SIPC insured?
No. FRXUSD (FXB20291231 collateral) is a crypto earn product, not a bank deposit — the FRXUSD is held and deployed by fraxlend, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~4% yield come from?
FRXUSD (FXB20291231 collateral) deploys the deposited FRXUSD to generate the rate; it is variable, not fixed.
Is FRXUSD safe?
See the FRXUSD report for its compliance score, reserves, and peg history.
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