Deposit, stake, redeem
Live against the deployed Ethereum mainnet contracts. Every write simulates before you sign, reverts decode to plain language, and the KYC gate is enforced on-chain at the primary market only. Non-verified addresses can hold, view, transfer, and stake freely, but cannot mint or instant-redeem.
No wallet connected. Everything below is still readable.
- Reads are public: supply, backing, the vault rate, the queue and the book all render without a wallet.
- Connect on Ethereum mainnet to buy USDfr, stake, request a redemption, or claim one. None of these requires KYC.
- Minting and instant redemption are KYC-gated on-chain at the primary market; the contracts enforce that, not this interface.
Projected position income
Connect a wallet holding sUSDfr to see your projected share of the book's annual interest, in USDfr per year.
Your pro-rata share of the current performing book's contractual annual interest after the Waterfall interest fee but before the global-HWM performance fee and time-based management fee. It changes with your position, repayments, delinquencies, defaults, recoveries, and the composition of the book; it is indicative, not guaranteed.
Historical income
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after interest fee; before vault fees
History observed
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income measurement window
Yield recognition
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reading vesting window
Your sUSDfr position
Connect a wallet to see sUSDfr held, current USDfr value, indicative annual income, and gain on the wallet's directly deposited position.
Get USDfr
Swap USDC for USDfr through the USDfr/USDC Uniswap pool without leaving this page. Open to any address, KYC-verified or not.
Balance: wallet not connected
The swap reverts if the pool would pay less than the minimum received. 0.05% to 3%.
If a new Permit2 signature is not applied, this buy may instead use another allowance you granted to Uniswap's router. Any remainder can stay available until that allowance expires. This swap cannot spend more than the USDC amount above.
Third-party pool: Uniswap's USDfr/USDC market is not Forest Road's, and its price is set by the market. View the pool on Uniswap
Deposit USDC, mint USDfr 1:1. KYC-verified addresses only.
Not KYC-verified? Any address can , then stake it.
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Mainnet uses canonical Ethereum USDC. There is no faucet or alternate reserve asset.
Stake
USDfr → sUSDfr
Stake into the sUSDfr vault at the current exchange rate. Yield is the book's actual performance. Variable, never fixed. The displayed rate and share quote simulate all fees due at this block.
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Exits are not instant: unstaking goes through the epoch-based redemption queue (see Redeem). The vault charges – on profit above one global high-water mark. Management is currently –.
Redeem
Redeem USDfr for USDC 1:1 against idle reserves: instant, floored to a whole USDC unit.
Balance: wallet not connected
Your queue positions
No positions found in the latest scan or by request ID.
Every action simulates against live chain state before your wallet opens; failures surface the contract's own error, decoded. Transactions use real assets on Ethereum mainnet; verify every wallet prompt carefully. Nothing here is legal, tax, or investment advice or an offer of securities.