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Chriz-

Could someone explain this tweet? Trying to understand it a

little more in-depth:
https://twitter.com/rewkang/status/1456081066209398791?s=21

#cryptocurrency #english #frax
0

4 ответов

21 просмотр
Chriz- Автор вопроса

The frax supplied to templeDAO is new issuance instead of current floating frax? And because it’s new issuance there is market buying of fxs to burn during mint? And is frax protocol doing the issuance or is templeDAO minting? Is this visible on any of the dashboards?

0
04.11.2021
Joseph-Westermire
Chriz
The frax supplied to templeDAO is new issuance ins...

The net effect to mkt cap will be visible on app.frax.finance dashboard right?

0
04.11.2021
Chriz- Автор вопроса
Joseph Westermire
The net effect to mkt cap will be visible on app.f...

i guess so, just kind of confused whats going on because as a user if i go on the mint frax tab the function is disabled because frax price is currently too low

0
04.11.2021
A-T.
Chriz
i guess so, just kind of confused whats going on b...

for templeDAO u can just buy FRAX from market

0
04.11.2021

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