use to mint FRAX and as long as the FRAX demand keeps growingFXS will continue being deflationary. But if FPI is 100% collateralized by FRAX then you don’t need to burn FPIS, so how it gains value?
Seignorage revenue I believe. It will be addressed in the documentation
And you think FPIS seignorage revenue will be higher than FXS seignorage revenue + FXS deflation in terms of increasing the token price?
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