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Frax Finance Frax Finance
Frax-Goat (¤, ¤)

Awesome. How does the staking for FPIS work? Is it

based on seignorage revenue?

#cryptocurrency #english #frax
0

6 ответов

36 просмотров
Sam-Kazemian ¤⛓️¤

We're designing a new staking that has the best parts of veFXS but with new features. You can call it veFPIS if you'd like, but the name isn't finalized yet 😉

0
10.04.2022
Frax-Goat (¤, ¤) Автор вопроса
Sam Kazemian ¤⛓️¤
We're designing a new staking that has the best pa...

So sell all my FXS for FPIS? 😉

0
10.04.2022
Sam-Kazemian ¤⛓️¤
Frax Goat (¤, ¤)
So sell all my FXS for FPIS? 😉

FXS is like the L1 token of the Frax ecosystem. Some value will always accrue to FXS through a fixed algorithm like how ETH is burned through the EIP1559 algorithm. But FPIS might have faster growth since it's earlier and riskier. It's like investing in ETH vs a new dapp on ETH. (not investment advice obviously)

0
10.04.2022
Sam-Kazemian ¤⛓️¤
Liquidity King
FXS ever have its own blockhain??

Perhaps 🤐 and veFXS stakers would be the ones producing the blocks/validating 🤑 But if that ever happens, Fraxchain will be rollup compliant so users can select whether they want to commit their tx to ETH L1 for additional confirmation+security. We're very big on the belief that ETH L1 is the most secure shared state in the industry right now.

0
10.04.2022

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