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yblue-

Actually is this correct? I would imagine that when FPI

has too much demand that it goes over CPI, the protocol would just mint protocol owned FPI to capture value without burning FXS, similar to what we do to FRAX now. https://twitter.com/StripsIntern/status/1475977090579120130

#cryptocurrency #english #frax
0

7 ответов

16 просмотров
DS-

It would have to sell it into the market or there would be no downward pressure on the price tho, right?

0
29.12.2021
A-T.

tbh he is just speculating lol no one actually knows remember. well no one buy Sam

0
29.12.2021
yblue- Автор вопроса
A T.
tbh he is just speculating lol no one actually kno...
screenshot

actually @samkazemian did say it. I just found out in the chat history.

0
29.12.2021
DeFi-Ahab
yblue
screenshot actually @samkazemian did say it. I just found out...

But what is FPI is below the pegged index? How would it brought back?

0
29.12.2021
yblue- Автор вопроса
DeFi Ahab
But what is FPI is below the pegged index? How wou...

I'm going to put words into Sam's mouth right now since it's not documented. But it could be like the FXS owners will have to pay for it by minting FXS to pay for the deficit

0
29.12.2021
DeFi-Ahab
yblue
I'm going to put words into Sam's mouth right now ...

Or take some FRAX from the curve pool to buy against FPI

0
29.12.2021

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