Hi everyone,. There's a newly deployed and finalized sFRAX contract that we'd like people to migrate to.

19 Oct 2023, 00:13

Hi everyone, There's a newly deployed and finalized sFRAX contract that we'd like people to migrate to. There is no danger to funds nor is there any time sensitive reason to immediately move over from the v1 contract as the current contract will continue to issue yield for another full 7 day epoch. The new and final contract address for sFRAX is 0xA663B02CF0a4b149d2aD41910CB81e23e1c41c32. These are the improvements we decided to make now before the contract is finalized forever: 1.) Fixed punctuation of the name string from Staked Frax to Staked FRAX. 2.) Added pricePerShare() function to the contract for easier integrations with Curve pools and vault protocols. This will specifically make Curve swaps cheaper than before. 3.) Minor gas improvements, updated to Solidity 0.8.21, and optimizations. We're sorry for any inconvenience this might cause in needing to restake sFRAX in the new finalized contract. The UI will help you make sure you're staking the correct final version. You will still earn yield in the old contract for another 7 days for this full epoch at 5%. Early migrators to the final contract will get the cap rate of 10% again like at launch. We apologize for the inconvenience but had to make sure all functions and specs that we realized should be included get included in the final version since this token will be immutable and Frax doesn't use proxy/updateable contracts. Thank you 🙏