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Frax-Goat (¤, ¤)

If FPIS goes to $27, does that mean it has

the same price as FXS? If FXS is the layer 1 token of the frax ecosystem, how would that make any sense?

#cryptocurrency #english #frax
0

7 ответов

22 просмотра
Sam-Kazemian ¤⛓️¤

It would be like if an erc20 token in ETH ends up having a higher mcap than ETH itself. It’s difficult but not impossible

0
13.04.2022
Frax-Goat (¤, ¤) Автор вопроса
Sam Kazemian ¤⛓️¤
It would be like if an erc20 token in ETH ends up ...

Ok. But right now it's trading around ~$9, so wouldn't that in theory mean it is 1/3 the value of FXS? (in FDV terms)

0
13.04.2022
Sam-Kazemian ¤⛓️¤
Frax Goat (¤, ¤)
Ok. But right now it's trading around ~$9, so woul...

In FDV terms ya but I agree with @kamikazETH FDV is a meme. We’re working on finalizing the emission schedule and also announcing how veFPIS will work (part of the utility is voting on the actual CPI gauges eventually which is very important). It’s not the same exact emission as FXS.

0
13.04.2022
Frax-Goat (¤, ¤) Автор вопроса
Sam Kazemian ¤⛓️¤
In FDV terms ya but I agree with @kamikazETH FDV i...

Ok can you please clarify why the emission schedule is different than FXS?

0
13.04.2022
Sam-Kazemian ¤⛓️¤
Johnny Short 😎 ( ͡° ͜ʖ ͡°)
Will there be liquidity incentives for fpis?

Yep already working on some really juicy pools for both FPIS and FPI 📈

0
13.04.2022

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