Staked Frax Ether (sfrxETH) is a liquid staking derivative of Ether (ETH) provided by Frax Finance.

sfrxETH allows users to stake their ETH and receive staking rewards while maintaining liquidity.

It can be used in various DeFi applications to enhance yield opportunities. Its best use is for Ethereum holders who want to participate in staking without locking up their assets.

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