What is FOREST ROAD USDFR(USDFR)?

Basic information about USDFR

Coin name:

Forest Road USDfr

Coin symbol:

Coin introduction:

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.

Current Price:

$1.00More coin details

All-time high:

$1.00

All-time low:

$1.00

USDFR Supply Info and Tokenomics

Circulating supply:

Total supply:

1,093,010

Max supply:

Market cap:

$0.00

Fully diluted valuation:

$1.09M

What is the outlook and future value of USDFR?

The current market cap of USDFR is $0.00, ranked 15836 in the market, showing that the market already recognizes the value of USDFR. When a bull market arrives, the market cap of USDFR may continue to grow.

Moreover, if USDFR can play a greater role in real-world applications—such as if the Monero developers can fully empower USDFR and establish partnerships with more business partners to expand its user base—then the long-term value of USDFR will be further enhanced.

What is the price of USDFR in 2027?

According to the historical price performance prediction model of USDFR, the price of USDFR is expected to reach $1.05 at 2027.

Note: As with any crypto investment, investors should closely monitor USDFR’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get USDFR?

Purchasing USDFR with cash is not the only way to obtain USDFR. If you have enough time, you can get USDFR for free.

Learn how to get Hot rewards for free with USDFR.

Earn free USDFR by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get USDFR airdrops for free.

All crypto airdrops and rewards can be exchanged for USDFR through LBank spot trading.

Buy USDFR starting from $1

What is USDFR used for and how to use it?

The use cases for USDFR may grow with the development of the crypto market and project progress. Currently, you can use USDFR to:

Arbitrage trading of USDFR

USDFR is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many USDFR trading pairs to suit your needs.

Earn yield with USDFR

You can also lend out USDFR or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your USDFR gains.

Send or pay with USDFR

If you want to pay someone with USDFR, you can easily and quickly send USDFR to them using their receiving address.

You can also visit the official website of Forest Road USDfr to learn more use cases of USDFR, such as whether the Forest Road USDfr project supports community/eco apps or buying physical or virtual goods with USDFR.