We’re thrilled to announce a major move for CROAK that deepens our ecosystem, strengthens our partnership with Nile, and opens the floodgates to a whole new audience. 🌊 CROAK is officially migrating liquidity to a brand-new frxETH/CROAK pool on Nile. This strategic shift is made possible through an exciting collaboration with Frax Finance and Nile, designed to bring stronger rewards, improved trading, and greater alignment across our community, on Linea.
🐸Why This Matters
The new frxETH/CROAK pool offers several key benefits for CROAK holders and the broader ecosystem:
-
Amplified Incentives. Thanks to our partnership with Frax Finance, CROAK incentives will now be matched with partner rewards from FRAX itself. This creates a double layer of yield for liquidity providers—more CROAK, more FRAX, more reasons to dive in.
-
Boosted Rewards via veNFT. Our ecosystem’s powerful veNFT, the legendary eFROGS, will continue to deliver value by enhancing yield and directing emissions toward the new pool, using over 50k of veNile power. Your frogs are now even more powerful allies in the liquidity game.
-
One Platform, Seamless Experience. By consolidating liquidity on Nile, traders and community members benefit from optimized routing, smoother swaps, and a more cohesive experience. One platform, one pond, infinite croaks.
🧠What is frxETH?
frxETH is a liquid staking derivative from the Frax Finance ecosystem that functions like ETH in terms of usability. By pairing CROAK with frxETH, we unlock a broader set of DeFi use cases while aligning with decentralization and modular finance values. It's ETH, but with benefits.
🌐Why Frax Finance?
Frax Finance is, on their own words, the world’s most innovative decentralized stablecoins and DeFi stablecoin infrastructure. Their focus on scalable, decentralized monetary tools makes them a natural ally for CROAK as we expand our presence in the DeFi space. This collaboration doesn’t just improve liquidity—it deepens our alignment with the future of stable, decentralized finance.
🌍A Bigger POND for All
This move isn't just about liquidity, it’s also about community. By aligning with Frax and Nile, we’re opening the doors to a wider audience of FRAXimalists who share our vision for fun, fairness, and financial innovation. CROAK is expanding the pond, and there’s room for everyone.
🎉What's Next?
❎LP migration support will be done in the next 72hrs.
❎CROAK and frexETH incentives will go live shortly after the pool launches.
❎Stay tuned for a series of incentives, and announcements to reward early adopters of the new pool.
The future is modular, and the frogs are leading the charge. Croak louder. LP smarter. Swim with the best on Linea blockchain. #WAGC #CROAK #FraxFinance #FRAXIMALISM #DeFi #FrogNation