The first 1 million crvUSD are generated by collateralizing sfrxETH

2023-05-04 11:00:50
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ChainCatcher news, crypto researcher Winter Soldier tweeted that the first 1 million Curve native stablecoin crvUSD was generated by collateralizing the Ethereum liquid staking product sfrxETH under Frax Finance.

In addition, DefiLlama data shows that as of now, the TVL of crvUSD is approximately 1.82 million USD. (source link)

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