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fxKeeper
fxToken liquidity pools for rapid vault liquidations
establishment of protocol controlled 'fxKeeper' pools allows for the rapid execution of CDP vault liquidations in the instance they become under collateralised and breach their liquidation trigger.
fxKeeper pools contain fxToken assets staked by ecosystem participants.
staked fxTokens are used for the purchase of liquidated vault collateral, and repayment of that vault's fxToken debt.
fxKeeper pool stakers receive a share of any vault liquidation profits in ETH, as well as $FOREX rewards, which can be boosted based upon a users veFOREX balance.
to start earning returns from protocol CDP liquidations click here
Last modified 5mo ago