What is wrong with ohm?

Question

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18.12.2021

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they have nice products, but i agree, (3,3) and 10k apy are very ponzi

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18.12.2021

Ok. Im not too familiar with ohm tokenomica but i do recall that frax had been collaborating closely with them

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18.12.2021

soon you will see every protocol collab with every other, it doesn't make sense not to

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18.12.2021

i think the most risky thing is the treasury swap, they own about 170k FXS

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18.12.2021

nothing burger, we want treasuries to hold our assets, they're not incentivized to sell

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18.12.2021

Frax Goat (¤, ¤) · Accepted Answer

It's a ponzi scheme with no underlying value

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18.12.2021