Frax is a new protocol that lets DAOs run their own validators. It's kind of like a modified Frax land pair where every validator has their own unique isolated lending term sheet, so to speak. If you deposit ETH and your validator does something weird and it gets slashed, you basically, I think you lose all of your ETH. The loss is socialized across all the ST ETH holders. Rocketpool might do something different. How does Frax handle slashing risk?

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