CrossWorlds

The Frax Ecosystem Accelerator is live on @MorphoLabs:
a capped frxUSD vault curated by CrossWorlds and sponsored by @fraxfinance.

Built for one job: give high yielding peg-keepers a lending venue early, to support their liquidity growth.

Collateral listing requirements: collateral assets go through 13 eliminatory filters. Three tests then set the ceiling: $2M, $500k, or $200k for project launches.

What this vault is aiming for: achieving a high rate while keeping an acceptable risk profile.
- Risk mitigation from limited size and diversification with a focus on liquidability
- Attractive targeted return generated by highly profitable looping strategies
- No market can take more than 20% of the vault or 30% of its pool's liquidity
- Monitoring : positions are watched live, and the oracles are set up carefully to make sure liquidations will be possible when necessary (no hardcoded NAV / ERC-4626 rate accepted).

First markets: @StakeDAOHQ LPs of frxUSD paired with sfrxUSD, @3janexyz 's USD3, @tori_finance's trUSD, @ethena's sUSDe, @InverseFinance's sDOLA and @hemi_xyz's sVUSD.

Check out the vault: app.morpho.org/ethereum/vault…

Full framework and listing notes:
crossworlds.fi/#/mandates/fra…
This vault carries a material risk of loss.

We are very proud to work with @StakeDAOHQ to curate its lending product. Our role will be to propose new collaterals to Stake DAO's governance, parameters for its various @Morpho vaults, and to monitor them, as well as the corresponding markets.

Stake DAO's lending vaults open a whole new range of opportunities for Curve users, and will help token issuers deepen their liquidity.