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lhl-will Block and Report scam dms

Curious, does anyone have well-developed thinking of what Frax's exposure

(primarily via FRAX3Crv, I'd assume) is if there's a USDT depeg? https://www.coindesk.com/markets/2022/03/11/hedge-fund-fir-tree-makes-big-short-bet-against-tether-bloomberg/

#cryptocurrency #english #frax
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merx-Leikar

it would certainly cause short term chaos, but the 3CRV pool is also 2/3rds USDC and DAI. In such an event I can only imagine the Curve guys launching a recovery 2CRV or sorts, or lean into what already exists like the D3 which Frax is part of

0
13.03.2022

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