Actually is this correct? I would imagine that when FPI

Question

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

29.12.2021

7 ответов

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A T.

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

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29.12.2021

yblue Автор вопроса

A T.
tbh he is just speculating lol no one actually kno...

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

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29.12.2021

A T.

yblue

actually @samkazemian did say it. I just found out...

lfggg

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29.12.2021

DeFi Ahab

yblue

actually @samkazemian did say it. I just found out...

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

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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

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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

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29.12.2021