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kofee-

On the amos page, it says frax/3pool allocation is 1.89B.

the pool has 2.8B total in tvl. does that mean frax owns 66% of the pool? if so, paying $1 of bribes generates $1.57 (votium numbers). $1.57 *.66 = ~$1. so it sounds like we are breaking even on these bribes. is this correct thinking? I think pre-crash we were making money...

#cryptocurrency #english #frax
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DeFi-Ahab

You also get the intangible benefit of a deep pool of curve liquidity on curve, which is a bastion of stability for the stablecoin protocol.

0
22.01.2022

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