Partnership Announcement: Adamant x Frax!
Dear Adamant Community,
We are pleased to announce that Adamant has partnered with Frax, a top DeFi stablecoin platform!
As some of our oldest users may remember, Adamant started out as a yield optimizer for some of Frax’s pools on Polygon’s QuickSwap exchange over two years ago. We are extremely grateful for the support that the Frax community provided us during our early days. Without the help of the Frax community, Adamant would never have been able to become as large as it did.
As a token of our appreciation, we will be offering Frax users the opportunity to maximize their yield for free. We’re starting off with three zero-fee auto-compounding vaults for these pools on the Arbitrum network.
These vaults have no fee whatsoever:
- Curve VST/FRAX
- Arbidex FRAX/USDC
- Arbidex ETH/sfrxETH
Additional vaults for other Frax pools will be released based on community demand. Those vaults will also have no fee if they are on a L2/low fee network.
At Adamant, we share Frax’s commitment to security and trust. Like Frax, we were audited by the leading blockchain security firm CertiK. Our platform has never lost any cryptocurrency through exploits or hacks, and we remain dedicated to ensuring that our users’ funds are secure at all times.
We are excited about the opportunity to partner with Frax and offer our services to their community.
Thank you for your continued support and trust in Adamant. We look forward to a bright future working together with the Frax community.
- Due to the mandatory minimum lock period of 24 hours for the Curve VST/FRAX pool, users may sometimes experience delays before they can withdraw their funds.