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Frax Finance Frax Finance
Fishy-

Hey guys, does anyone have statistics/graphs on the backing of

FPI? From what I've found by checking the chain, FPI is only 42% backed by FRAX, however I imagine some FPI is protocol-owned (which doesn't require backing).

#cryptocurrency #english #frax
0

4 ответов

11 просмотров
DS-

It's 100% backed. I don't have the details to prove this on-chain, but the entire premise is that it's 100% backed.

0
28.04.2022
Fishy- Автор вопроса

I'm not intending to cast doubt on the backing or anything, I just want to be able to see it in detail on-chain. I'm writing a research piece on FPI.

0
28.04.2022
Jae | Built On Fraxtal-
Fishy
I'm not intending to cast doubt on the backing or ...

As we're in the middle of updating our docs, the FPI/FPIS section will also be in more detail.

0
28.04.2022

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