We're thrilled to announce our partnership with @fraxfinance, a groundbreaking decentralized finance platform.
Let's dive into what Frax has to offer!
Pharaoh is proud to present 2 concentrated liquidity options for our partners at Frax:
frxETH/WETH.e
USDC/FRAX
Provide liquidity today, and vote each week to earn bribes and fees from these pairs!
Check the following thread to see what all Frax has to offer:
Frax Stablecoins:
💵 Frax Finance is a pioneer in algorithmic stablecoins. Their stablecoins maintain value through an innovative algorithm, providing stability and efficiency in the volatile crypto market.
Pharaoh's post-launch performance is off the charts!
After a successful LGE, we achieved mind-blowing results regarding TVL, volume, and fees 💰
vePHAR holders are ecstatic, as 100% of fees flow back to them. As TVL and volume continue to increase, fees paid to vePHAR will 🚀
vePHAR holders have raked in a whopping $24,000 in fees within 24 hours! With the same 7-day trend, they could be sitting on a staggering ~$168,000 in fees. That's nearly a quarter of the PHAR mcap! You won't find returns like these anywhere else.
Concentrated liquidity pools are killing it, with over $2m in volume and $1.85m TVL. And guess what? With only one aggregator routing Pharaoh liquidity, this efficiency ratio will keep skyrocketing as more integrate us!
>We've hired more, developed more, and coded more in the last week than any other time since we have started
>Market has hit more lows, everyone is exhausted at looking at prices and charts keep going down
>Our bribe economy has been strong, but waning due to prices
>LHB is working personally with partners to ensure strong bribes continue and what we can do as a team to keep that going