Stake DAO frxUSD/msUSD · by Stake DAO · stable
stakedao-FrxMsUSD is Stake DAO's auto-compounding vault for the frxUSD/msUSD Curve stable pool, pairing Frax's frxUSD with Metronome's synthetic msUSD. It earns Curve trading fees and gauge rewards, boosted through Stake DAO's liquid lockers.
Spiral Stake supplies stakedao-FrxMsUSD as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more stakedao-FrxMsUSD — looping in a single transaction to amplify the underlying Curve LP Rewards yield. Because the assets are price-correlated, the position targets a higher APY rather than a directional bet, with every cost and liquidation threshold shown upfront.
Leveraged stakedao-FrxMsUSD yield is a strategy that loops stakedao-FrxMsUSD on the Morpho lending protocol to multiply your exposure to its Curve LP Rewards yield. Spiral Stake executes the whole loop in a single transaction.
stakedao-FrxMsUSD earns yield from Curve LP Rewards, issued by Stake DAO. Looping amplifies that base yield.
Leveraged positions carry liquidation risk if collateral value falls relative to the borrowed asset, plus smart-contract and market risk. Every cost and liquidation threshold is shown before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.