afrxETH Vaults

What is afrxETH

afrxETH simply represents the compounding frxETH-ETH LP in the Concentrator vault. The total amount of frxETH-ETH LP contained in the Concentrator vault is equal to the total frxETH-ETH balance multiplied by the current index:

frxETH-ETH_Balance = afrxETH_Balance * Current_afrxETH_Index

Using afrxETH to represent a share of the underlying compounding frxETH-ETH LP vault simplifies the smart contracts and is more gas efficient.

Is it safe? The concentrator is built by the experienced and security-obsessed AladdinDAO team, and it is audited by SECBIT Labs. Check out the audit here.

SECBIT

How much does it cost?

Concentrator takes a 10% treasury fee and a 2% harvest fee on yields. The fees were collected during the harvest process and distributed to the Treasury and Keeper respectively.

Concentrator Github?

Deployed Contracts?

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