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@Samkazemian Let me ask you a more opinionated question. Clearly,

you are building on Ethereum (and I think you should continue to do so). In terms of founders, do you think Ethereum is the best platform to build on *long term* for the future of crypto?

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I think Vitalik has one of the purest intentions of any founder in the space and ETH is definitely the leading chain right now. But as you can see, we are the most multichain centric stablecoin I think in the entire ecosystem. I am a believer in anti-maximalism even though we like to affectionately call ourselves "fraximalists" 😂

Sam Kazemian ¤⛓️¤
I think Vitalik has one of the purest intentions o...

More importantly, what are you looking at in your photo bro

Sam Kazemian ¤⛓️¤
The Stake DAO yield rates ser 👀

Speaking of which, why can Stake DAO pay such high apy?

Because they are awesome and have both high Curve boosts through their protocol and a juicy veFXS gauge. So it's double the yield 🚀

Sam Kazemian ¤⛓️¤
Because they are awesome and have both high Curve ...

I have a question about FXS1559, I see that excess profits are used to mint FRAX and then buy-burn FXS, but I don't understand how that actually causes long term token appreciation for veFXS holders.

S
I have a question about FXS1559, I see that excess...

since a recent governance vote, there is no more burn. It all gets distributed to veFXS holders

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