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Jefferson-

How is the FPI peg maintained?

#cryptocurrency #english #frax
0

3 ответов

3 просмотра
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳-@ TBW 13-18

The FPI is 100% collaterlized so the CR is 100% and will strive to be ~ 100% at all times because of its ambitious peg that’s harder to keep than the dollar. Additionally, the growth of FPIS will help stabilize the FPI peg so that FXS does not need to stabilize 2 pegs.

0
14.04.2022
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳-@ TBW 13-18
Migue Dominguez
Then there is no FPIS burning when minting FPI ri...

Hello Migue, this might give you a better insight ◡̈ https://t.me/fraxfinance/169904

0
14.04.2022

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