‼️ Primex Adds Support for $Frax Finance Tokens, Expanding Leveraged DeFi Strategies ‼️
Primex has added four tokens from @fraxfinance: $FRAX, frxETH, sfrxETH, and $FXS! 🌟 This opens up exciting new opportunities for both $Frax and Primex communities.
🌿 Lenders: Supply $FRAX, frxETH, sfrxETH, and $FXS to Primex Credit Buckets for additional rewards.
⚡️ Traders: Borrow $FRAX, frxETH, sfrxETH, and $FXS to trade on the spot market with leverage.
🌾 Farmers: Enter leveraged positions with sfrxETH to amplify their staking rewards with up to 11x leverage resulting in impressive ~36% APY on initial capital!
🔍 Why it matters for $Frax?
Primex expands the use cases for $FRAX, frxETH, sfrxETH, and $FXS, offering new liquidity, trading, and farming opportunities while optimizing staking rewards.
Learn more about $Frax Finance and how new token offerings benefit you ➡️ https://t.co/0XucTCIjmV
Start using $Frax tokens on Primex today ➡️ https://t.co/kFzL7VFG0F