FRAXLEND_NOTES

Documentation for eth_defi.erc_4626.vault_protocol.frax.constants.FRAXLEND_NOTES data.

FRAXLEND_NOTES = "Fraxlend pairs are isolated lending markets: lenders supply the pair's asset token and borrowers post its collateral token. Interest and collateral risk are not pooled across pairs. Redemptions depend on available, unborrowed liquidity, and lenders can absorb bad debt if liquidated collateral does not fully cover unhealthy loans. The share price internalises borrower interest and Fraxlend's protocol fee. See the [Fraxlend technical documentation](https://docs.frax.com/protocol/subprotocols/fraxlend/technical)."

Family-level Fraxlend detail-page note.