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So save for having a say in the DAO what

is the point of the speculative token? I'm a bit lost on this one. I understand the stable coin, but not the relation to the other token

#cryptocurrency #english #frax
0

3 ответов

9 просмотров
A-T.

FXS has an algo relationship with FRAX where if FRAX loses peg above $1 then FXS gets burnt which drives price up due to less circulating supply. and vice versa if FRAX loses peg below $1

0
04.11.2021
S-
A T.
FXS has an algo relationship with FRAX where if FR...

With today's run up in price in FXS, is there anything stopping people from cashing in FRAX to collect FXS?

0
04.11.2021
H¤reτ¤r¤-
S
With today's run up in price in FXS, is there anyt...

Only when FXS is off peg (or at least within certain bounds) does this mechanism kick in. So if frax stays within this limit there is no arbing possible.

0
04.11.2021

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