event where central authorities attack usdc and usdt deposits in collateral?
Id like to know this too excuse my ignorance if already answered
If that were happened, whole DeFi collapsed, $FRAX is the last project you would be worry about.
I didn't mean an attack on the whole supply but rather pinpoint attacks like freezing assets
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
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.
FRAX protocol holds less then 5% $USDC why it would collapse ?
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 ?
only 5% less assets of frax in trouble.
And also it isnt 100% that FRAX will be the very first target
the question was "what if our assets where targeted" ... not what if we where the 54th protocol to be targeted.
Why frax is the first target? not every1 in curvi.fi
Of course its not, i didnt say that
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.
Yes, that is what my mean frax could be the 54th protocol to be targeted.
ok, let the team to answer this
you can just look in the wallets
Normally you could look at this Dune query but looks like it's broken atm @Oxseba https://dune.xyz/queries/289217/546585
I don't think they are in "a wallet"
they are here > https://zapper.fi/account/0x49ee75278820f409ecd67063d8d717b38d66bd71
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