Is it true Terra is the largest convex DAO owner?

Question

Frax Finance

Lordwadsworth

Is it true Terra is the largest convex DAO owner?

#cryptocurrency #english #frax

0

13.04.2022

11 ответов

26 просмотров

Frax Goat (¤, ¤)

Sam Kazemian ¤⛓️¤
I believe FRAX is still the largest unless I am mi...

Can you please clear up the potential FUD on FXS vs FPIS as invesmtents? There is information being spread on twitter (that I would love your take on because I still don't have ground clear truth on this) that people should allocate 60/40 FXS FPIS. I think people are jumping way ahead to conclusions without cognizing the nuances. Thanks

0

13.04.2022

Jefe ElJefe

Frax Goat (¤, ¤)
Can you please clear up the potential FUD on FXS v...

Lol I’m not sure how this is FUD? Just some dudes opinion you should allocate 60/40 FXS/FPIS?

0

13.04.2022

Frax Goat (¤, ¤)

Jefe ElJefe
Lol I’m not sure how this is FUD? Just some dudes...

Maybe FUD is an extreme use of the word. But it's definitley premature for someone to make assumptions of allocation decisions when the documentation for FPIS has not even been released yet

0

13.04.2022

Rap Robes

Frax Goat (¤, ¤)
Maybe FUD is an extreme use of the word. But it's ...

FUD wrong word It’s like saying new pizza chain and there’s this strat for the perfect combo meal to maximize your every buck More 60/40 of meal a and b

0

13.04.2022

Sam Kazemian ¤⛓️¤

Frax Goat (¤, ¤)
Can you please clear up the potential FUD on FXS v...

I think there's been too much price discussion in the main channel which is understandable but not healthy since we don't want the main community to just be a coin trading speculation group. So other than describing the mechanism we're currently designing for FXS<>FPIS value accrual, I can't really speculate on what people on Twitter are saying. FXS is meant to be the underlying token of the entire ecoystem and govern the base balance sheet of the FRAX stablecoin, FXS gauges, as well as govern Fraxswap+Fraxlend. It is like the L1 token of the economy. FPIS is meant to uniquely govern the FPI balance sheet and eventually the actual CPI index weights+peg+veFPIS gauges. There is an equation we're designing which splits value accrual between FXS<>FPIS based on the amount of FRAX backing FPI. Removing this equation is not up for simple vote, it's only removable by hard fork. So the two tokens while separate and have distinct governance rights+cash flows+independent gauges are connected in valuation like an L1 token+dapp token. The L1 token (FXS) grows, in aggregate, whenever the dapp token grows but not necessarily grows as quickly or as much in the same time span. Just like ETH and an ERC20 token. If you have different risk profile and want more upside/volatility/growth or more safety/average growth each token has their own respective advantages. (not investment advice!) That's all I'll say for now until we finish the code+algorithm+docs+veFPIS gauges soon 🙂

0

13.04.2022

Frax Goat (¤, ¤)

Sam Kazemian ¤⛓️¤
I think there's been too much price discussion in ...

Thank you sir! 🙂

0

13.04.2022

kr 🫐

Sam Kazemian ¤⛓️¤
I think there's been too much price discussion in ...

🤯

0

13.04.2022

TreeClimbingBear

Frax Goat (¤, ¤)
Maybe FUD is an extreme use of the word. But it's ...

You can ask him yourself. That guys frequents this room. Same handle too.

0

14.04.2022

Frax Goat (¤, ¤)

TreeClimbingBear
You can ask him yourself. That guys frequents this...

Not gonna entertain irrational moonbois today

0

14.04.2022

Frax Goat (¤, ¤)

TreeClimbingBear
You can ask him yourself. That guys frequents this...

Just commenting on my opinion man

0

14.04.2022

Sam Kazemian ¤⛓️¤ · Accepted Answer

Sam Kazemian ¤⛓️¤

I believe FRAX is still the largest unless I am mistaken. But regardless, we'll both be supporting the 4Pool so it will have the highest backing no question.

0

13.04.2022

209 похожих чатов

Is it true Terra is the largest convex DAO owner?

11 ответов

Похожие вопросы