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    Staked Frax USD

    SFRXUSD

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    07.010
    Risk Level:
    Medium
    Recommendation:Buy
    Evaluated:May 13, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Overall Analysis

    SFRXUSD is a liquid-staking derivative built on the Frax ecosystem that offers auto-compounded stablecoin yield with 1:1 peg liquidity.

    Strengths

    • Active development: ~1.2 commits/week, fast PR merges, solid test coverage and audits. (8/10)
    • Security: no known exploits, multiple audits (Halborn, CertiK), continuous monitoring. (8/10)
    • Tokenomics: permissionless mint/burn, yields reinvested on-chain, strong DeFi composability. (7/10)

    Considerations

    • Governance & Bus Factor: semi-centralized multisig control, top contributors concentrated. (7/10)
    • Peg & Revenue Dependency: tied to FRAX’s fractional-algorithmic stability; yields hinge on AMO strategies. (7/10)
    • Competition: numerous stablecoin yield products in DeFi; premiums may compress if FRAX revenue lags. (7/10)

    Conclusion SFRXUSD is a well-engineered, relatively low‐volatility yield vehicle for FRAX holders, balancing on‐chain transparency with moderate protocol risks.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    08.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    07.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    07.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    07.010

    Team & Governance

    Team background and project governance

    RiskReturn
    07.010

    Security & Audits

    Security history and audit status

    RiskReturn
    08.010

    About Staked Frax USD (SFRXUSD)

    Staked Frax USD (SFRXUSD)

    Staked Frax USD (SFRXUSD) is a liquid staking token that represents staked Frax USD (FRAX) stablecoins in the Frax Protocol. Each SFRXUSD token is pegged 1:1 to FRAX and accrues protocol earnings from lending and algorithmic market operations (AMOs).

    Key Features

    • 1:1 Peg to FRAX: Fully collateralized by Frax USD stablecoins.
    • Auto-Compounding Yields: Earns protocol revenue from lending markets and AMO fees.
    • Liquid & Redeemable: Tradeable on major decentralized exchanges and redeemable for FRAX at any time.
    • Gas-Efficient: Single-token staking and unstaking flow.

    Use Cases

    • Yield Generation: Passive income on stablecoin holdings without manual compounding.
    • DeFi Integration: Collateral for borrowing, liquidity provision, and yield farming.
    • Capital Efficiency: Maintain liquidity while earning protocol-level rewards.

    Token Name: Staked Frax USD
    Symbol: SFRXUSD

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