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Frax Finance Frax Finance
S-

If convex, curve and eth token values crashed to zero,

can frax still hold peg?

#cryptocurrency #english #frax
0

6 ответов

22 просмотра
Brazy-

The treasury does not affect frax peg. The supply of frax might retract in that case, but peg would hold

0
26.11.2021
Jefe-ElJefe

Convex crv and eth are all extra, they do not back frax

0
26.11.2021
S- Автор вопроса
Jefe ElJefe
Convex crv and eth are all extra, they do not back...

Ah so these form the basis of fxs valuation instead

0
26.11.2021
Frax-Goat (¤, ¤)
Brazy
The treasury does not affect frax peg. The supply ...

I'd suspect that the supply of FRAX would remain relatively stable (and possible even grow) during a bear market since demand for stablecoins would increase as opposed to volatile cryptos.

0
26.11.2021
4 years locked.-veMAXI (as a millionaire)

this is like asking if the USD$ would hold value if the USA was wiped out in a nuclear war.

0
26.11.2021
S- Автор вопроса
4 years locked. veMAXI (as a millionaire)
this is like asking if the USD$ would hold value i...

A totally legitimate question imo. Positing hypotheticals shouldn't be discouraged

0
26.11.2021

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