That guy napgener who went after one of the frax

Question

That guy napgener who went after one of the frax

founders not too long ago is fudding us and cvx on twitter. Based on his other tweets he seems like another harmless bear porn/fud guy “stablekwon to prison, cvx to ZERO, send this fraud market to ZERO” etc. Seems he missed the bull train and wants to feel better imo. https://twitter.com/napgener/status/1491907626476740617?s=21

#cryptocurrency #english #frax

0

14.02.2022

4 ответов

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Seba TLDR

Sam Kazemian ¤⛓️¤
Ya that guy is just unhinged. He also doesn't have...

100% agree it is ok for frax to dump the crv, although it could be helpful to get curve’s community view on this in order to build a healthy relationship.

0

14.02.2022

P K

Seba TLDR
100% agree it is ok for frax to dump the crv, alth...

I just did. It is really really silly to dump CRV. Frax can get up to 62% APY some of it in stable-coins (Dai, USDT, USDC. ) I explained just above why dumping CRV is not clever especially for CVX holder like FRAX.

0

15.02.2022

Seba TLDR

P K
I just did. It is really really silly to dump CRV....

best way for frax to increase its cashflow is to increase frax usage/total minted frax. Orders of magnitude bigger than staking cvxcrv

0

15.02.2022

Sam Kazemian ¤⛓️¤ · Accepted Answer

Ya that guy is just unhinged. He also doesn't have his math right. FRAX barely has 21% of the CRV emissions, not 40%. They're using the wrong emission chart. The right chart is at https://dao.curve.fi/gaugeweight. They're just completely wrong on the facts & numbers. Overall, we're a big positive in price action for the CRV+CVX ecosystem since we permalock a ton of CVX which allows Convex to permalock a lot of CRV without worrying about CVX sell pressure.

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That guy napgener who went after one of the frax

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