Frax Ether (frax-ether)

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What it offers

• submitAndDeposit: Stake ETH and deposit directly into sfrxETH vault (one-step)
• deposit: Deposit frxETH into sfrxETH vault
• redeem: Redeem sfrxETH shares for frxETH

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Notes

• sfrxETH is ERC-4626 compliant (same interface as Yearn V3, pufETH)
• submitAndDeposit() is payable - send ETH as msg.value. One-step ETH -> sfrxETH
• frxETH does not earn yield on its own - must be deposited into sfrxETH vault
• Approve frxETH to sfrxETH contract before calling deposit()

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Its names in a program

function main() {
  // Ethereum's frxETHMinter, `0xbAFA44EFE7901E04E39Dad13167D089C559c1138`.
  require(FraxEther.FrxETHMinter != 0);
}

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Deployments

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ABI

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FrxETHMinterABI

• submitAndDeposit(address recipient) payable returns (uint256 shares)

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SfrxETHABI

• deposit(uint256 assets, address receiver) returns (uint256 shares)
• redeem(uint256 shares, address receiver, address owner) returns (uint256 assets)
• convertToShares(uint256 assets) view returns (uint256)
• convertToAssets(uint256 shares) view returns (uint256)
• balanceOf(address account) view returns (uint256)

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Next steps

• Protocols: the other protocols, by what they do.
• Protocols and tokens: calling a contract by its namespace, or through its ABI.
• Glossary: the words these pages use, in plain terms.