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Air-

Hi guys, have been monitoring decentralized stable coin, and it

seems frax able to maintain most pool at 50-50 ratio - which is very cool. Meanwhile DAI and MIM are tend to overwhelm lp ratiol. What is the secret?

#cryptocurrency #english #frax
0

3 ответов

17 просмотров
Jefe-ElJefe

Probably because we have AMO that manages curve pool and adds or removes frax as needed to keep pool balanced.

0
25.03.2022
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)

This is also a very good article that i personally enjoyed reading ◡̈ https://medium.com/p/3693c86f3eae Besides the article, our docs go into specific details on everything @JefeElJefe mentioned 🙏🏻 https://docs.frax.finance/overview

0
25.03.2022
Air- Автор вопроса
Jefe ElJefe
Probably because we have AMO that manages curve po...

Ahh, that fascinating. Smart design there. I was wondering because for USDC and USDT, if nobody pickup, exchange itself usually slowly absob any depeg because it can claim it back to Tether and Center. So Frax have AMO which works kinda in similar fashion. Awesome.

0
25.03.2022

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