The founder of Curve created a liquidity pool crvUSD/fFRAX for the CRV/FRAX market on FraxLend

ChainCatcher news, on-chain data shows that Curve founder Michael Egorov has created a new liquidity pool crvUSD/fFRAX on Curve for the CRV/FRAX market targeting FraxLend, where fFRAX is the receipt token for CRV/FRAX on Fraxlend.

Currently, the annualized rewards for the crvUSD/fFRAX pool on Curve are as high as 462.5%, while the annualized rewards for CRV/FRAX on Fraxlend are about 70%.