1/ frxUSD is now backing @Rings_Protocol scUSD on @SonicLabs 💥 With $50M+ TVL and the top boost for the $S airdrop, scUSD plays a key role in driving liquidity on Sonic. Now you can mint scUSD by depositing our flagship stablecoin frxUSD. Get started:
$scUSD now supports $frxUSD as collateral! You can now use @fraxfinance's frxUSD as collateral to mint $scUSD on both Ethereum and Sonic. This integration enhances accessibility and choice for users. Start minting today!
4/ Frax 🤝 Sonic Frax and Sonic are DeFi pioneers, and we will continue working together to bring you the best of DeFi. Recently, we launched sfrxUSD instant staking. frxUSD is the #3 Sonic stablecoin, now collateral for the #2 scUSD, and we won't stop until we reach #1 🏆
1/ sfrxUSD on Sonic 💥 Led by fellow DeFi innovator @AndreCronjeTech, @SonicLabs is designed for DeFi first and is growing fast with $1B+ TVL. frxUSD is already on Sonic, and the benchmark yield of sfrxUSD will now also become a staple. Instantly staked via @LayerZero_Core.
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