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Also Sam, what are your thoughts about possibly collaborating with

regulators, researchers?

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Always been open to it. We’re not hostile to anyone.

Mitch- Автор вопроса
Sam Kazemian ¤⛓️¤
Always been open to it. We’re not hostile to anyon...

Could be a good move to take initiative in that. Also Sam you are such a smart guy, what gave you so much confidence in Luna? Was it the network effect it could bring to FXS?

No I think people conflate collaborativeness and friendship as public endorsement or investment advice. I don’t endorse any peg other than FRAX’s. We’ll work with anyone that wants to collaborate with us in good faith. That’s what I said on my Bankless podcast too. If Maker wants to work with FRAX, I’ll be just as happy and excited. We tried to work with MIM too like some people recall here. But sifu said FRAX was a scam and never wanted to. Building something with another project is not the same thing as risking FRAX’s peg. We’d never risk FRAX’s peg, but we’ll always build bridges with other communities and projects. Not all of them will work out. But FRAX will.

Sam Kazemian ¤⛓️¤
Here

Sorry Sam but i think these days are teaching us that theres more than the frax peg to worry about. Exactly the fact that frax fundamentals remain strong points to the fact that this fxs dump is purely reputational damage. I get having an open mind and being happy to collaborate with everyone, but many voices inside and outside of frax channels were worried about making ties with Do from q reputational point of view. (Mim/sifu was different bc it happened suddenly and noone was expecting it)

I agree on this. On a P2P transaction layer we should name it fUSD! When bridging to a chain with no/low transaction costs like XPR or something. Just to keep it simple for non crypto users

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