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S-

So for every FRAX minted, the protocol gains access to

deployable collateral which is then set to work? Are there any instances where a FRAX comes into existence without the protocol being able to benefit?

#cryptocurrency #english #frax
0

1 ответов

4 просмотра
Sam-Kazemian ¤⛓️¤

Yes that's how AMOs work. They mint FRAX into something and get something else in return. FRAX minted into Curve get Curve LP tokens. FRAX minted into lending markets get claims on the interest paid and collateral through aFRAX and cFRAX tokens.

0
18.11.2021

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