# Keep3r Fixed Forex Guide - Andre Cronje - Medium

By [gfanchan11](https://paragraph.com/@gfanchan11) · 2021-10-14

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![](https://storage.googleapis.com/papyrus_images/2c35c5bb805808660f88809a3f72e32a26fd564130aa97424c6a68327e1ae84d.png)

Fixed Forex provides an alternative to USD denominated stable coins. It allows liquidity providers exposure to currencies such as EUR, KRW, GBP, CHF, AUD, and JPY.

**Mint / Borrow**

ib\* assets can be minted / borrowed via Iron Bank, accessible on [yearn.fi/lend](https://yearn.fi/lend)

![](https://storage.googleapis.com/papyrus_images/36c0698a2cded5895ded754a357d92ad659cf9ae0379b9ecc7bbe12c8d782870.png)

You can provide collateral in any assets listed on Iron Bank and borrow ib\* assets.

**Liquidity**

Once you have ib\* assets, you can become a liquidity provider in the [curve.fi/factory](https://curve.fi/factory) pools. At time of writing the APY’s as per the image below;

![](https://storage.googleapis.com/papyrus_images/51391be4b471dd025dfc5c693a110ede20ab1c28057cc5cc80400c193a7c066d.png)

While providing liquidity through [curve.fi/factory](https://curve.fi/factory), you will be earning CRV, and [rKP3R](https://andrecronje.medium.com/keep3r-redeemable-kp3r-rkp3r-c200fb8740ef), rKP3R is explained in this [article](https://andrecronje.medium.com/keep3r-redeemable-kp3r-rkp3r-c200fb8740ef).

While providing liquidity through [convexfinance.com](https://www.convexfinance.com/stake), you will be earning CRV, CVX, and rKP3R.

The above allows LP’s to hedge against USD risk, or simply have exposure in their own preferred currencies, while earning LP incentives.

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*Originally published on [gfanchan11](https://paragraph.com/@gfanchan11/keep3r-fixed-forex-guide-andre-cronje-medium)*