FRAX right now
Except provide the liquidity in CRV pool ?
I mean is that it ?
Thx you, but I think that’s more like the unique value proposition tho. I think the current use case is for providing liquidity in Uniswap and Curve right ?
Appart from providing liquidity, FRAX is used for lending, borrowing downside, minting FRAX into AMOs in order to generate yield and accrue value for FXS holders. I think the reason why @skilightt mentioned the unique value propositions was to show the value of FRAX and why it appeals to the whole market which allows us to increase the use cases of FRAX.
Yes I believe it is being coded from the ground up by the Frax core team and of course since Frax is a decentralised and open source, project other developers will be able to give suggestions which can be enacted through governance.
Yepp, can't wait , Any upcoming catalyst or interest story on FRAX ?
Hey bro are you korean?
Obviously theres the big 3 being: FPI, Fraxlend and Fraxswap
Lots of exciting things are always coming up for Frax! Announcements will be made in the future ◡̈ stay tuned 👀👀👀👀
i am indeed
Hahaha I thought I am the only Korean here
Thank both of you Yeonwoo, any research paper, youtube video, or twitter thread you recommend
its great to see another fellow Korean in the group man 🇰🇷🇰🇷
Fully decentralized $1 peg. No one can blacklist your address :)
@justincbram has well made educational videos on Frax too Here's the link if you wanted to check some out https://youtu.be/arvqBvJm9OM
Thank you very well explain
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