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hlniv 🍏-

FXS still less than 20M circ supply - is

that right ?? likely to be deflationary and should increase as demand for FRAX increases? Why is this coin not valued higher? What am i missing? FRAX demand going up right?

#cryptocurrency #english #frax
0

6 ответов

9 просмотров
4 years locked.-veMAXI (as a millionaire)

the market cap of circ FXS is going up faster then the market CAP of FRAX , last month it was half the market cap of FRAX, now its 140m more the FRAX mc

0
06.11.2021
4 years locked.-veMAXI (as a millionaire)

its not that simple, the FRAX jump in mc was us minting more FRAX to liquidity

0
06.11.2021
4 years locked.-veMAXI (as a millionaire)
hlniv 🍏
will this be a regular thing ?!? lol

its something we voted for, so it depends if we vote for it again.

0
06.11.2021
Seba-TLDR
hlniv 🍏
will this be a regular thing ?!? lol

thats how frax v2 amos work, there was a lot of 'demand' for frax, which means it was priced over $1 and more frax was minted to stabilize its price to $1

0
06.11.2021

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