Convert Staked Frax USD SFRXUSD to Safe SAFE
SFRXUSD to SAFE: 1 Staked Frax USD converts to 9.86 SAFE
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SFRXUSD and SAFE
Staked Frax USD is climbing, while Safe is falling this week. The current SFRXUSD to SAFE conversion rate is 9.86. Inversely, this means that if you convert 1 SAFE you will get 0.1014 SFRXUSD. The conversion rate of SFRXUSD/SAFE has decreased by 0.28% in the last hour (SAFE/SFRXUSD increased by 0.28%). In the last 24 hours, SFRXUSD/SAFE grew by 5.38%, while SAFE/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 9.86 SAFE. In other words, to buy 5 Staked Frax USD, it would cost you 49.30 SAFE. Inversely, 1 SAFE would allow you to trade for 0.1014 SFRXUSD while 50 SAFE would convert to 5.07 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.67%. Meanwhile, in the last 24 hours, the rate has changed by 3.31%, and that the highest exchange rate of 1 SFRXUSD to SAFE was 9.94 SAFE and the lowest 24 hour value was 1 SFRXUSD for 8.77 SAFE. Last month, 1 SFRXUSD was worth 12.68 SAFE. Today, it's down 28.64%. Looking back a year, Staked Frax USD has changed by 3.89 SAFE. That means that in a single year, the value of Staked Frax USD has grown by 60.57%.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Safe Market Stats
Safe provides developers with an open-source and modular account abstraction stack. Safe also functions as a multi-sig wallet service provider to users and organizations. These wallets require permissions from multiple stakeholders to approve transactions from the address. Safe supports multi-sig wallets on several EVM networks, including Ethereum, Arbitrum, and Base. SAFE is the governance token of the SafeDAO. SAFE tokens can be used to vote on proposals related to Safe’s development.
Conversion tables
SFRXUSD to SAFE values from Today at 10:43 am
0.5 SFRXUSD = 4.93 SAFE |
1 SFRXUSD = 9.86 SAFE |
5 SFRXUSD = 49.30 SAFE |
10 SFRXUSD = 98.60 SAFE |
50 SFRXUSD = 493.00 SAFE |
100 SFRXUSD = 986.01 SAFE |
500 SFRXUSD = 4,930.04 SAFE |
1,000 SFRXUSD = 9,860.08 SAFE |
SAFE to SFRXUSD values from Today at 10:45 am
0.5 SAFE = 0.05071 SFRXUSD |
1 SAFE = 0.1014 SFRXUSD |
5 SAFE = 0.5071 SFRXUSD |
10 SAFE = 1.01 SFRXUSD |
50 SAFE = 5.07 SFRXUSD |
100 SAFE = 10.14 SFRXUSD |
500 SAFE = 50.71 SFRXUSD |
1,000 SAFE = 101.42 SFRXUSD |
SFRXUSD to SAFE over time
SFRXUSD | Today | 24H 3.31% | 1M -28.64% | 1Y 60.57% |
|---|---|---|---|---|
0.5 SFRXUSD | 4.93 SAFE | 4.77 SAFE | 6.34 SAFE | 1.94 SAFE |
1 SFRXUSD | 9.86 SAFE | 9.53 SAFE | 12.68 SAFE | 3.89 SAFE |
5 SFRXUSD | 49.30 SAFE | 47.67 SAFE | 63.42 SAFE | 19.44 SAFE |
10 SFRXUSD | 98.60 SAFE | 95.33 SAFE | 126.84 SAFE | 38.88 SAFE |
50 SFRXUSD | 493.00 SAFE | 476.67 SAFE | 634.18 SAFE | 194.41 SAFE |
100 SFRXUSD | 986.01 SAFE | 953.35 SAFE | 1,268.35 SAFE | 388.83 SAFE |
500 SFRXUSD | 4,930.04 SAFE | 4,766.75 SAFE | 6,341.76 SAFE | 1,944.15 SAFE |
1,000 SFRXUSD | 9,860.08 SAFE | 9,533.49 SAFE | 12,683.52 SAFE | 3,888.30 SAFE |
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