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About Forest Road USDfr
Forest Road Vault tokenises secured credit facilities on Ethereum. Forest Road, an originator and servicer of specialty finance, underwrites facilities across five collateral classes: film and television tax credits, renewable energy, life sciences, real estate and digital assets. Each facility is attested on chain, minted as a loan NFT and funded from the protocol's reserves. USDfr is the protocol's senior token, minted against USDC and backed by reserves plus the deployed principal of those facilities. Holders may stake USDfr into sUSDfr, an ERC-4626 vault whose exchange rate moves with actual facility repayments; returns are variable and can fall when a facility defaults. Defaults are absorbed first by curator capital posted for that collateral class, then by staked GROVE, and only then by senior holders. Redemptions from sUSDfr pass through an epoch-based queue. Governance is held by GROVE holders through a timelocked governor. Every parameter, attestation and repayment is recorded on chain, and the project publishes its audit reports and open findings for review.
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Trading Insights
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
No maximum supply
Total Supply
1.1M USDFR
Diluted Valuation
$1.09M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$5K
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$1.00
Price Change (1Y)
0%
Additional details
Market details
USDFR vs markets
↗ 37.48%
USDFR vs BTC
↗ 31.52%
USDFR vs ETH
↗ 53.19%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xcC07e7c4E5E35AFFD47b351E420A22C667D7f83d |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.00 | |
1 Day | $0.00 | |
1 Week | $0.00 | |
1 Month | $0.00 | |
1 Year | $0.00 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. 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.
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Legal
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