Ethena: Frax Finance will allocate funds to the USDeFRAX POL, with a cap of $250 million

ChainCatcher news, Ethena Labs posted on social media that the singularity roadmap proposal from Frax Finance has been approved, which includes allocating funds for the USDeFRAX POL through Curve AMO, with a cap of $250 million. Starting from yesterday, FRAX has increased the USDe POL, which will create one of the deepest on-chain dollar liquidity pools, diversifying FRAX's sources of yield.