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Feed The Machine

Hello everyone, how fast can frax recover in a hypothetical

event where central authorities attack usdc and usdt deposits in collateral?

#cryptocurrency #english #frax

0

06.03.2022

20 ответов

32 просмотра

Joseph Westermire

Id like to know this too excuse my ignorance if already answered

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

If that were happened, whole DeFi collapsed, $FRAX is the last project you would be worry about.

0

06.03.2022

Feed The Machine Автор вопроса

tan Any1 DM as admin will be reported to tg as scammer
If that were happened, whole DeFi collapsed, $FRAX...

I didn't mean an attack on the whole supply but rather pinpoint attacks like freezing assets

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

Feed The Machine
I didn't mean an attack on the whole supply but ra...

That is the thing you are missing , if that were happened whole DeFi finished and you shouldn't be worry about $FRAX because the team has a plan already what to do if that were happened

0

06.03.2022

4 years locked. veMAXI (as a millionaire)

Feed The Machine
I didn't mean an attack on the whole supply but ra...

if USDC or USDT where forced to pinpoint the assets in a DeFi protocol then all other DeFi protocols will be exiting ASAP and this will cause USDC and USDT to implode due to massive selling pressure.

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

4 years locked. veMAXI (as a millionaire)
if USDC or USDT where forced to pinpoint the asset...

FRAX protocol holds less then 5% $USDC why it would collapse ?

0

06.03.2022

4 years locked. veMAXI (as a millionaire)

tan Any1 DM as admin will be reported to tg as scammer
FRAX protocol holds less then 5% $USDC why it woul...

if FRAX was black listed by USDC then that money is already worthless... you think the other DeFi protocols are hold USDC and wait for them to be next or do you think they will exit USDC ?

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

4 years locked. veMAXI (as a millionaire)
if FRAX was black listed by USDC then that money i...

only 5% less assets of frax in trouble.

0

06.03.2022

Feed The Machine Автор вопроса

4 years locked. veMAXI (as a millionaire)
if FRAX was black listed by USDC then that money i...

And also it isnt 100% that FRAX will be the very first target

0

06.03.2022

Feed The Machine Автор вопроса

Feed The Machine
And also it isnt 100% that FRAX will be the very f...

Would*

0

06.03.2022

4 years locked. veMAXI (as a millionaire)

Feed The Machine
And also it isnt 100% that FRAX will be the very f...

the question was "what if our assets where targeted" ... not what if we where the 54th protocol to be targeted.

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

Feed The Machine
And also it isnt 100% that FRAX will be the very f...

Why frax is the first target? not every1 in curvi.fi

0

06.03.2022

Feed The Machine Автор вопроса

tan Any1 DM as admin will be reported to tg as scammer
Why frax is the first target? not every1 in curvi....

Of course its not, i didnt say that

0

06.03.2022

4 years locked. veMAXI (as a millionaire)

tan Any1 DM as admin will be reported to tg as scammer
only 5% less assets of frax in trouble.

i have no idea where you get this 5% number, we have hundreds of millions of $ in USDC (around $400m last i checked) and about $160m in USDT.

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

4 years locked. veMAXI (as a millionaire)
the question was "what if our assets where targete...

Yes, that is what my mean frax could be the 54th protocol to be targeted.

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

ok, let the team to answer this

0

06.03.2022

4 years locked. veMAXI (as a millionaire)

you can just look in the wallets

0

06.03.2022

lhl will Block and Report scam dms

tan Any1 DM as admin will be reported to tg as scammer
ok, let the team to answer this

Normally you could look at this Dune query but looks like it's broken atm @Oxseba https://dune.xyz/queries/289217/546585

0

06.03.2022

tan Any1 DM as admin will be reported to tg as scammer

4 years locked. veMAXI (as a millionaire)
you can just look in the wallets

I don't think they are in "a wallet"

0

06.03.2022

4 years locked. veMAXI (as a millionaire)

tan Any1 DM as admin will be reported to tg as scammer
I don't think they are in "a wallet"

they are here > https://zapper.fi/account/0x49ee75278820f409ecd67063d8d717b38d66bd71

0

06.03.2022

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