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yblue-

What'S the utility of the "native" FXS tokens outside Eth

mainnet? seems we can't lock that into veFXS anyway..

#cryptocurrency #english #frax
0

9 ответов

3 просмотра
Travis-Moore | Co-Founder @ Frax (¤³, ¤³)

1-to-1 swap-ability with bridge tokens

0
14.11.2021
yblue- Автор вопроса
Travis Moore | Co-Founder @ Frax (¤³, ¤³)
1-to-1 swap-ability with bridge tokens

i'm looking at polygon - the mstable pool gives out the PoS FXS token, and the liquidity from swaps are all PoS FXS token.. Why would I swap to the native token?

0
14.11.2021
yblue- Автор вопроса
Travis Moore | Co-Founder @ Frax (¤³, ¤³)
We are working on getting farms over to native FXS

I see. is this to prepare to be able to mint FRAX natively in polygon (or whatever other L1)?

0
14.11.2021
Travis-Moore | Co-Founder @ Frax (¤³, ¤³)
yblue
I see. is this to prepare to be able to mint FRAX ...

There is a strong demand right now by our community to be able to farm their FXS outside of Eth because of the high gas fees. Stay tuned

0
14.11.2021
yblue- Автор вопроса
Travis Moore | Co-Founder @ Frax (¤³, ¤³)
There is a strong demand right now by our communit...

that's great news! thanks. by "far FXS outside of eth" you mean lock as veFXS or something else like a LP farm?

0
14.11.2021
yblue- Автор вопроса
Travis Moore | Co-Founder @ Frax (¤³, ¤³)
right now, LP farms

to confirm - the difference here is that we can give out FXS as rewards for places like sushi FRAX/FXS pool?

0
14.11.2021

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